Modeling the Fiscal-Cliff Scenarios
Forecasting the economy is one thing. Attempting to do so in an era of political uncertainty, particularly regarding the fiscal cliff, invites an added layer of complexity.
As a portfolio manager, I usually consider several different potential outcomes when determining investment strategy. While we cannot know for sure whether Congress will take us off the cliff, we can look at two potential outcomes -- one if we don't go off, and one if we do. Several research reports outline these two scenarios....576 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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