World Markets Calm Despite Looming “Fiscal Cliff”

CBS MONEYWATCH- December 31, 2012

LONDON Markets appeared Monday to be taking in stride the prospect that U.S. politicians will fail to agree a budget deal in time to avoid automatic tax increases and spending cuts that many economists think could tilt the world’s largest economy back into recession.(Read full story here.)

What this story fails to inform?
This is the calm before the storm.

Leave a Comment

Previous post:

Next post: