MLR - Will the U.S. lose its triple-A rating?
An eventual US downgrade would further catalyze China to decouple the yuan from the dollar, continue their consumption of hard assets, and thus potentially enable China to unload U.S. treasuries faster. With each passing day, the chances of the dollar losing its status as the world's reserve currency increases. It may take a number of years for this to occur, but the clock is ticking.
In the meantime, we will stay the course on suggested ETFs, guidance from the Market Direction Model, our Portfolio Simulator, and of course any buy or short ideas.
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