When Standard & Poor’s downgraded the U.S. government’s credit rating in August, many predicted the worst. But nearly a year later, mortgage rates have hit record lows, the government’s borrowing costs have eased, the benchmark S&P stock index is up, and investor enthusiasm for Treasury debt has picked up. “In Omaha, the U.S. is still triple-A,” said Warren Buffett in 2011. “In fact, if there were a quadruple-A rating, I’d give the U.S. that.” Last month, S&P said that political and fiscal risks could lead to a second downgrade of U.S. debt by 2014. Moody’s and Fitch Ratings have kept their top grades on the U.S., though, both have a negative outlook.
The United State is not near the top of this list.
Organizations in the mix include Sun Life U.S., LifeQuotes.com, Allsup, Cigna and MetLife.
Rushing around without the right information can become a habit.
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