FXStreet (Bali) – Following news that S&P has affirmed the US at AA+, with outlook stable, Reuters is expanding on the story, summarizing the key headlines.
Additional headlines – Reuters
S&P – US ‘aa+/a-1+’ ratings affirmed; outlook remains stable
S&P – credit strengths of US include diversified, resilient economy, extensive economic policy flexibility
S&P – credit strengths of US include its status as issuer of the world’s leading reserve currency
S&P – “we expect us general government debt to rise toward the end of the decade”
S&P – high level of general government debt as well as a lack of political cohesion among main parties in congress constrain u.s. ratings
S&P – contingent liabilities associated with the nonbank financial sector,contribute to the burden on us public finances
S&P – US outlook remains stable, reflecting view “there is less than a one-in-three chance that we will change the rating in the next two years”
S&P – despite the decline in shale energy investment caused by lower global oil prices, we expect continued revival in us manufacturing
S&P – expect that the inherent economic and policy strengths of the u.s. will continue to be juxtaposed against an absence of political cohesion
S&P – expect US growth of 2.4% this year, similar to 2014, after a contraction in the first quarter of 2015, owing mostly to temporary factors
S&P – over the next several years, expect u.s. real gdp growth of just below 3 percent
S&P – US banking system has bolstered its financial strength more through raising capital than deleveraging
S&P – “prospects for ongoing shale gas and oil production could turn the US from a net energy importer to potentially a net energy exporter”
(Market News Provided by FXstreet)