Some voting starts tomorrow. The fallout continues for Donald Trump following last Weeks President ial debate against Kamala Harris. Questions about how his campaign is being managed. Trumps peddling of Conspiracy Theories which was seen by more than 67 Million people just here in the United States has led to very real and some very scary consequences. Bomb threats and other threats of violence have disrupted the city of springfield, ohio after trump amplified unfounded racist allegations that haitian migrants were stealing peoples pets and eating. As a result, schools have closed. Hospitals were locked down and the citys Migrant Population has been on high alert. Trump has doubled down and continued to make yet more disparaging comments about springfields Haitian Community claiming theyve taken over and ruined the town. Serious questions need to be asked about how and why the republican president ial nominee and his Running Mate are pushing baseless fringe conspiracies in the first pl
Us treasury secretary janet yellen called the downgrade arbitrary and said Economic Conditions had improved under the biden administration. The news of the downgrade came after the close of trade on wall street but in asia investors have been pulling out of equities in reaction. Lets look at markets now in asia. Japan is currently down by over 2 . Hong kong not that far behind. This was off the back of yesterday, and most of this week we have seen the sharemarket, certainly wall street and asia having a strong session but this is certainly spooked sentiment. Lets discuss this with tom stevenson, whos an Investment Director at fidelity. Good morning. Janet woody allen saying this is arbitrary. I have her statement janet yellen and she said she strongly disagrees and says it is based on outdated data. That is based on outdated data. That is riuht. Is based on outdated data. That is right it is based on outdated data. That is right. It seems is based on outdated data. That is right. It s
strongly disagrees and says it is based on outdated data. that is based on outdated data. that is riuht. is based on outdated data. that is right- it is based on outdated data. that is right. it seems is based on outdated data. that is right. it seems the is based on outdated data. twat is right. it seems the data that fitch have used this analysis carries the period from 2018 analysis carries the period from 2018- 2020. it analysis carries the period from 2018 2020. it is easy to see why the us treasury and white house are pretty furious about what has happened. i think a bit of context is important. it is not the first time that the us government rating has been downgraded. standard & poor s, one of the three big ratings agencies is actually downgraded in exactly the same way from aaa down to aa+ in 2011 during the eurozone debt crisis we had back then, 12 years ago. that really did not have a huge impact on us investors as we know. us investments have been very strong over t