The debt debate is putting the market on edge this week. Two credit rating agencies, Moody’s and S&P, both are warning the US’ AAA credit rating could be in jeopardy if the President and law makers fail to reach a deal. So what could happen if the US does default and more importantly how can you protect your financial future? Ed Butowsky, managing partner at Chapwood Capital Investment Management, LLC, joins Fox News to discuss the reality behind the debt ceiling and its impact on our financial stability.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
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Tags: credit, debate, debt, financial, fox news, inflation, law makers, market, money, rating, sandp, stock