Ever More Pessimistic on a Budget Deal

As stocks continue meandering upward, Wall Street strategists are beginning to fear a melt-up. As Dr. Ed Yardeni – one of my favorite strategists -- reminds us, melt-ups are typically followed by meltdowns.

To look at it from a Washington perspective: Might the instinct to sell off finally coincide with the inevitable face-off over the federal debt ceiling?...829 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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