WEEKLY MARKET DIGEST: MARKET WATCHERS AND WASHINGTON INSIDERS SPLIT ON FISCAL CLIFF
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.)
MARKET FALLS ON FISCAL CLIFF FEARS AFTER BOEHNER PLAN FAILS
December 21, 2012
Boehner abandoned his ‘Plan B’ apparently after facing a rebellion. The concern among market watchers is that the composition of the Republican caucus in the House is such that it simply cannot be led. All the futures are down sharply, it is nothing like what happened after TARP rejection in the House; then futures were down over 500 points.
Any continued weakness will be a buying opportunity.… Please click here or the title below to read more.
December 21, 2012
