Investors who fled in fear over potential tax increases from the fiscal cliff have barely broken...

|By:, SA News Editor

Investors who fled in fear over potential tax increases from the fiscal cliff have barely broken a sweat over spending cuts only two weeks away, as no one wants to sell again on an armageddon story only to watch stocks climb to new highs. But investors expecting a deal may underestimate the potential impact; with some seeking an excuse to sell after the run-up, failure to reach a deal is "by a long stretch" the top candidate to prompt a real pullback.