Volatile reactions to news about the "fiscal cliff" can distract investors, but one reality has emerged since negotiations began in earnest Nov. 16: Markets believe the parties will strike a deal.
via online.wsj.com
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Not to worry - a chap in this morning's FT explained that the markets will have discounted all that. Clever old markets.
Posted by: dearieme | December 01, 2012 at 04:53 PM