Warren Buffett says he’s not worried about Fitch’s U.S. downgrade and it's not changing anything that Berkshire's doing in the markets right now.
, Fitch lowered its long-term foreign currency issuer default rating for the U.S. to AA+ from AAA.
The ratings firm cited "expected fiscal deterioration over the next three years," growing debt and an erosion of governance.noted these concerns are valid, and the Oracle of Omaha said he doesn't agree with everything the federal government is doing. That said, it's not enough to change his views on U.S. Treasurys and the dollar.
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