Stock Market, U.S. Rating Downgrade, Recession Risk

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Aug. 8 (Bloomberg) -- Barry Knapp, head of U.S. equity strategy at Barclays Capital, discusses Standard and Poor's downgrade of the U.S.'s debt rating to AA+ from AAA and the prospects for the U.S. economy. Knapp, speaking with Betty Liu and Erik Schatzker on Bloomberg Television's "In the Loop," also talks about the outlook for the equity market. (Source: Bloomberg)

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