As Barack Obama and S&P continue their public spat over the ratings agency's downgrading of America's Triple A credit rating, just how much importance should advisers place on a downgrade?
Assets in ‘safe-haven' exchange-traded products (ETPs) rose last week as investors adjusted positions in response to falling stock markets.
The historic downgrade of US debt capped a momentous week which saw global markets go into free-fall.
Current extreme market volatility should be seen as an opportunity rather than an excuse to become more defensive, according to Anthony Bolton.
The decision by Standard and Poor's to downgrade the US' prized AAA-rating for the first time came as no surprise to a number of fund managers.
The European Central Bank said last night it would "actively implement" its controversial bond-buying programme to fight the euro zone's debt crisis, signalling it will buy Spanish and Italian government bonds.
S&P's decision to cut the US's prized AAA credit rating puts the superpower in a worse position than the Isle of Man and Hong Kong.
Credit rating agency Standard & Poor's has downgraded the US' prized AAA-rating for the first time ever.
It hasn't all been about the platforms paper, you know...
Jobs data from the US provided some much needed respite for investors on Friday, after the latest figures beat estimates.