August 8, 2011 (5 minutes)
This special online video features Satish Rai, Chief Investment Officer, TD Asset Management, in conversation with Patricia Lovett-Reid.
Standard and Poor’s has taken the unprecedented action of downgrading the U.S.’s coveted AAA long term sovereign rating, a key cornerstone of the global financial system. Satish discusses the psychological and practical impact on the financial markets and what it means for investors.
In the interview, Rai addresses for following questions:
- What are the implications of the downgrade of U.S. sovereign debt rating by S&P?
- How will this affect the confidence in the U.S.?
- What does this mean for investors?
Click here or on image below to view:
Copyright © TD Waterhouse