Making Sense of Wall Street Instability
The downgrade of the United States' credit rating by Standard & Poor's (S&P) has caused a great deal of volatility in U.S. markets. News coverage continues to focus on a lack of stability and the unknown consequences of this unprecedented event (in response to the recent debt ceiling debate). Xiaoyan Zhang, Krannert School of Management Associate Professor of Finance, has been interviewed by various media regarding these events.
This information should not be considered advice and the Krannert School makes no recommendation regarding individual investments. Discuss all decisions with your financial professional.