Our appearance on CNBC this morning was rescheduled due to the media coverage of S&P’s downgrade of the United States credit rating. We hope to be rescheduled soon.


In the meantime, we wanted to share the thoughts we had prepared for the show as well as weigh in with our views of the downgrade and what it might mean for equity investors.

To hear our thoughts, please read the attached update, Bumped by the US Downgrade .