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Fundstrat Global Advisors analyst Thomas Lee believes that Moody's downgrade is "basically not a big deal." If there are any signs of weakness in the stock market, I will "buy heavily on dips." Moody's is citing facts we already know, which is the massive deficit in the United States, so this is not "surprising." Moreover, we doubt that any large fixed-income management company would be surprised. There is simply no incremental information here
