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The ‘sell America’ trade is back as investors eye Moody’s downgrade and budget bill
fortune.com/2025/05/19/sell-america-trade-back-investors-eye-moodys-downgrade-budget-bill
The ABUSA trade—Anywhere But USA—was back on the table this morning, as investors digested Moody's markdown of America's credit rating from triple-A, coupled with the forward march of the House's debt-expanding budget bill, and decided they didn't like the taste.
Moody's Friday evening…
This story appeared on fortune.com, 2025-05-19 10:51:47.