8-21-2023 – Fitch Ratings Warns It May Be Forced to Downgrade Dozens of Banks

Apparently, the U.S. banking industry has inched closer to another source of turbulence — the risk of sweeping rating downgrades on dozens of U.S. banks that could even include the likes of JPMorgan Chase.

Today's Stocks & Topics: A-I Funds, LEG - Leggett & Platt Inc., XOM - Exxon Mobil Corp., China Growth, BTI - British American Tobacco PLC ADR, STNE - StoneCo Ltd. Cl A, SQM - Sociedad Química y Minera De Chile S.A. ADR, T - AT&T Inc., VZ - Verizon Communications Inc.

Justin's PERSPECTIVE looks at a brief history of fiat currency failures.