What top Wall Street banks are saying about the US debt downgrade
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- The US lost its final triple-A rating on Friday.
- The move rattled markets on Monday but Wall Street thinks investors will push past the downgrade.
- "We think the reaction may be more muted than it was in 2023," JPMorgan said.
The "sell America" trade saw a resurgence on Monday after America lost its last top-tier credit rating, but Wall Street thinks markets can sidestep any volatility related to the downgrade.
Moody's slashed...