Forget the U.S. Downgrade. Here’s What Really Matters to the Market. - Barron's
1. U.S. credit downgrade is impacting market sentiment temporarily. 2. Focus is shifting back to corporate earnings for investment direction. 3. Walmart is highlighted as a defensive stock amid consumer spending concerns. 4. Consumer sentiment index has dropped to near-record lows. 5. Analysts recommend selective investment in resilient consumer stocks.