The Buck Stops Here
Welcome to the New Year! There is something exhilarating about a blank profit and loss statement; it's the same feeling I get when I skate out onto a clean sheet of ice. A fresh, clean environment, a rush of adrenaline and a hardening sense of determination. Above all, the overwhelming feeling that it's time to put all else aside and get down to business.
That whoosh you just heard was a global, collective sigh of relief over the resolution of the fiscal cliff. While some will deride the final package for its lack of needed spending cuts, at least we have a greater degree of certainty regarding tax rates going forward. This is a huge positive for markets, as major investment decisions by both corporations and individuals have been necessarily delayed while awaiting the final verdict....443 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
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