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    The Survey Says Most Investors Will Not Sell U.S. Debt Because Of The Downgrade Of S & P.

    2011/8/12 8:58:00 44

    Most Investors Downgrade US Debt

    Association for Financial Professionals released a survey report on Thursday that 4/5 of the financial professionals surveyed earlier this week said they would not sell the United States due to the reduction of US sovereign credit rating by S & P.

    National debt


    But the report also showed that 40% of the 508 financial professionals surveyed were worried about the possible negative impact of S & P's downgrading of the US rating on capital access or capital expenditure, and 24% of the respondents said that

    Downgrade

    The move may weaken the attractiveness of the US market for capital investment and hiring activities.


    Jim Kaitz, President and chief executive officer of the association of financial management professionals, said: "although the United States may still be the best place to store idle funds, some companies believe that the United States is not the best place to deploy strategic funds."

    This means that these companies may turn their attention to other markets when expanding their businesses or hiring employees.


    The association of financial management professionals was mainly surveyed by American companies.

    Finance

    Executives, the annual revenues of these companies are usually around $2 billion.


     
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