WEEKEND SHOCKER!
S&P has done the unthinkable on Friday night after the market close and DOWNGRADED US FROM AAA to AA+!
From S&P:
United States of America Long-Term Rating Lowered To 'AA+' On Political Risks And Rising Debt Burden; Outlook Negative
We have lowered our long-term sovereign credit rating on the United States of America to 'AA+' from 'AAA' and affirmed the 'A-1+' short-term rating.