No End in Sight for the Doom and Gloom
I took three days off and the market flat-lined. In fact, about the only thing I can see that has changed is that CNBC is now offering us "fun facts about the fiscal cliff" far too many times throughout the day. Is there really anyone who turns on CNBC who still needs to be informed about this?
After about the 10th time I saw one of these facts highlighted, I noticed that the network has now placed three or four boulders on the screen to mark the countdown: one with the days, the next with the hours and so on. CNBC is clearly obsessed with this next "event" in the market. Heck, the other evening my local television news, which rarely even reports what the markets do day to day, began the nightly broadcast with the looming "fiscal cliff."...408 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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