How the Fiscal Cliff Is Like the Super Bowl
It' s not if, but when. That's what the market's saying, and it doesn't blink anymore when commentators say things like, "They are really digging in their heels and not rising above" the politics of the moment.
You could say that some of this confidence comes from calls like the one from Oracle (ORCL) last night, indicating that the fiscal cliff is having no impact at all and that December was fabulous. Plenty of companies are saying things are fine. But I don't think that's the reason we aren't getting hurt when President Obama has a tough press conference about going over the cliff. For every Oracle, there's a GE (GE) or a Wal-Mart (WMT) that says things are slowing because of the cliff. So let's discount that....161 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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