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Investors Should Probably Expect a US Downgrade: JPMorgan Strategist
Posted on July 25, 2011 at 19:41 PM EDT
As the Aug. 2 deadline to raise the country's $14.3 trillion ceiling approaches, investors should expect a downgrade-although it will probably only have a minor impact, said Thomas Lee, JPMorgan's chief U.S. equity strategist.
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