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Investors May Be Headed Toward ‘Fiscal Cliff’

Friday, May 25, 2012 - 6:52 AM
From MarketWatch via Yahoo Finance
Investors are reeling from Europe’s deepening economic crisis, but they may soon find themselves battered closer to home as the U.S. economy closes in on another debt-ceiling debate and teeters toward the edge of a “fiscal cliff.”

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Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,633
1. Friday, May 25, 2012 - 8:21 AM
Thanks for sharing the article Ken.  From everything I read, it is mainly about investors who buy stocks etc.  We CD holders don't seem to be in the category unless you are concerned about the low interest rates and what inflation will cost us.  This has to be an extra concerning time for any in the stock market.  Somehow I can't see a "new" President frying people with such high capital gains rates.  If it is Romney, practically all his taxes are in capital gains from what I have read.  But then again, he has the money to pay those kind of taxes!
paoli2paoli21,400 posts since
Aug 10, 2011
Rep Points: 6,132