Nobody Should Be Comfortable
Since I took a poll during Tuesday's trading to see how folks lined up on whether we would see a cliff save or a cliff dive by year end, several have asked if I think we get saved or go off the cliff. I would not call myself one who pays close attention to the political machinations, but from what I have seen I believe our Congress is more likely to get something done when there is a gun to their heads than when there is no gun.
So, my guess is that they still feel as though there is time left before any deal must be done. But more than that, the market is not down and it is not tanking on a daily basis. You might recall they approved TARP, but not until the market tanked when they did not do so the first time. They act best when under pressure....423 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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