Optimism Building for Fiscal Cliff Deal
Financials and homebuilders led the market higher as optimism for a fiscal cliff deal builds. A second meeting between President Obama and Speaker Boehner as well as some new proposals helped to convince market players that a deal is in the works.
What is particularly odd about the market right now is that nothing else really matters than this fiscal cliff. Earnings, Europe and the economy are all secondary concerns of little consequence that we aren't even going to think about until this one issue is finally decided....156 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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