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Podcast: Thoughts on the Market
Episode: Michael Zezas: How Will the U.S. Credit Downgrade Affect Markets?
Description: The recent downgrade to Fitch's U.S. credit rating should have less of an impact on demand for bonds than the ongoing trajectory of inflation.----- Transcript -----Welcome to the Thoughts on the Market. I'm Michael Zezas, Global head of Fixed Income and Thematic Research for Morgan Stanley. Along with my colleagues bringing you a variety of perspectives, I'll be talking about the impact of the U.S. downgrade to bond markets. It's Wednesday, August 2nd at 11 a.m. in New York. Yesterday, one of the th...