Dow Stages Midday Rebound—Indices Flatline Despite U.S. Credit Rating Gut Punch
Wall Street shrugs off another ’full faith and credit’ crisis—because what’s another downgrade between friends?
Markets yawn as Treasury printers keep brrrring. Analysts cite ’trained helplessness’ in response to fiscal dysfunction.
Bonus cynicism: At this rate, Moody’s will need to invent a new rating below junk—call it ’crypto speculative grade.’