What do I want for Christmas? For starters, I would like for politicians to stop accusing one another of holding the American people hostage. (Also, maybe a new iPad.) With growing praise over the proposed Obama - Republican Tax compromise, it seems like this gridlocked congress might actually accomplish something that moves the economy forward. This plan is regarded as a game changer but I don’t know where the new jobs are coming from. Though there are some differences on the details the framework of this deal, there is a consensus by economists that this plan should accelerate the sluggish US economy. Some are even predicting up to 3.5% percent growth for US GDP next year. Is 2011 going to be the comeback year for the US?
Scenario: Recovery Rally Continues - bit.ly/eQtmrj
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.