Markets Rattle After U.S. Debt Downgrade: Flight to Safety Begins
U.S. stock futures fell sharply following Moody’s downgrade of the nation’s credit rating, reigniting concerns about rising deficits and long-term fiscal discipline.
Investors are increasingly wary of inflationary pressures and interest rate volatility.
In this uncertain climate, gold and other safe-haven assets gained traction as protective plays.
The downgrade could shift portfolio allocations toward more defensive positions.
