Wall Street Week Ahead: Holiday “on standby” as clock ticks on cliff
NEW YORK (Reuters) – The last two weeks of December are traditionally quiet for stocks, but traders accustomed to a bit of time off are staying close to their mobile devices, thanks to the "fiscal cliff. " Last-minute negotiations in Washington on the so-called fiscal cliff – nearly $600 billion of tax increases and spending cuts set to take effect in January that could cause a sharp slowdown in growth or even a recession – are keeping some traders and analysts from taking Christmas holidays because any deal could have a big impact on markets. . . .
View full post on Business News Headlines – Yahoo! News
Leave a Reply