WEEKLY MARKET DIGEST: UGLY EMPLOYMENT DATA PROVIDES AMMUNITION FOR OBAMA EMPLOYMENT CONSPIRACY THEORIES
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.)
WHITE HOUSE ATTEMPTING TO REPLACE SEQUESTER
November 16, 2012
One part of the fiscal cliff is a sequester agreed by the congress. In its sequester, there will be automatic major spending cuts including major cuts in defense. There are reports that the White House is discussing plans to push most of the deficit reduction into 2013 and replace the planned large automatic spending cuts only with small cuts now.
There is a strong possibility that Republicans may go along with this plan. … Please click here or the title below to read more.
November 18, 2012