Market recap: Bets appear to be increasing on a fiscal cliff deal getting done, as stocks pushed...


Market recap: Bets appear to be increasing on a fiscal cliff deal getting done, as stocks pushed to solid gains after Boehner's weekend concession on a tax rate increase for millionaires was followed by another meeting today with Pres. Obama. Sentiment was helped early by the election of a pro-stimulus government in Japan. Financials paced the advance, with the sector hitting three-month highs.
Comments (3)
  • Guardian3981
    , contributor
    Comments (2492) | Send Message
     
    Once their is a deal the market will sell off as reality sets in, any amount of new taxes or less spending is deflationary to the system.
    17 Dec 2012, 04:34 PM Reply Like
  • Trader's Profit Compass
    , contributor
    Comments (2071) | Send Message
     
    party pooper!!!! j/k we'll wait and see
    17 Dec 2012, 04:39 PM Reply Like
  • Macro Investor
    , contributor
    Comments (9252) | Send Message
     
    New York Times reporting that deal is close, Obama sent counter proposal that has high chance of success. Loving it. Futures up sharply.
    17 Dec 2012, 09:34 PM Reply Like
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