To help investment advisors better understand the meaning of the downgrade by a major U.S. credit rating agency, Advisors4Advisors is today publishing a special edition.
A4A contributors, which include many of the smartest independent financial advisors in the country, are posting new blog entries today and tomorrow reacting to the credit downgrade.
At a time of heightened fear, I want to express my gratitude to the individuals for generously sharing their ideas on Advisors4Advisors to help other professionals.
Independent financial advisors generally don't have a chief investment strategist, staff economist, or teams of analysts who can assess these issues. So we are attempting to fill that gap here.
Please comment on the postings and share your ideas to help the thousands of advisors who are now part of the A4A online community.
The downgrade of the creditworthiness of the U.S. is, without question, an historic event. Just how significant it will be, however, is open to debate.
Please rely on A4A to promote intelligent exploration of the issue.