Archive for August, 2012

The Triple-A Miscalculation

By • Aug 14th, 2012 • Category: Investment Strategy, Investor Mistakes, The Economic Scene

One of my favorite pastimes is debunking experts. What follows is a gold medal example of how the best and brightest can be wrong, big time. Last August, the mighty Standard & Poor’s downgraded, for the first time ever, the credit rating of the United States.  America was no longer an AAA lender, according to […]