Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now


SmartPulse: Making sense of the S&P downgrade

This post was written by Cindy Kraft, the CFO Coach, who is a career and personal-brand strategist for CFOs and corporate finance executives.

SmartPulse — our weekly nonscientific reader poll in SmartBrief for CFOs — tracks feedback from leading CFOs and senior finance executives. We run the poll question each Wednesday in our e-newsletter.

Last week, we asked: What do you think of S&P’s downgrading of the U.S. credit outlook to negative?

It’s a strong warning to Congress to get its fiscal house in order 76.64%
It’s nothing serious — just a public slap on the wrist for show 10.28%
It’s a sure sign we’re on the way to losing our triple-A rating 9.81%
It’s a ploy to get Congress to raise the debt ceiling 3.27%

A clear sign: An overwhelming majority of you see the S&P downgrade as a serious issue, with another 10% concerned about losing our AAA rating. The question is, will Congress interpret this downgrade as seriously as some of the brightest finance minds in the country?

Sorry. No data so far.