To: sandeep who wrote (42951) | 1/1/2013 6:50:22 PM | From: Keith Feral | | | Agreed, but the House is determined to show fiscal restraint, which is what everyone wants to see. Pass this bill and save the spending cuts for the debate on the debt ceiling. That's where the GOP has more leverage. |
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To: Fiscally Conservative who wrote (42958) | 1/1/2013 7:03:35 PM | From: GROUND ZERO™ | | | I don't think we'll see this market get slammed for very long, if at all... it looks pretty buoyant considering the recovery rally on Friday with only just a slight whiff of any agreement... this market could go down again tomorrow, but I think it really wants to go higher...
GZ |
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To: GROUND ZERO™ who wrote (42959) | 1/1/2013 7:21:12 PM | From: Fiscally Conservative | | | Yes, I agree with you . As long as the United States government is willing to spend more and more money and call it 'Fiscal Stimulus' for the short term benefit of the Babyboomers' then yes, the stock market will continue to move higher. Kicking the can down the road will have major consequences. So be it. Our elected leaders have more fear of a market crash than any so called Fiscal Cliffs. Volatility will be the way forward with these markets,imo. Get ready. |
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To: Fiscally Conservative who wrote (42960) | 1/1/2013 7:27:02 PM | From: Keith Feral | | | House GOP looking for $330 billion in spending cut amendment. If they can't get the votes to support the amendment, they will have to vote on the Senate bill. With an 89% approval rating from the Senate, I expect they will find enough votes to pass the existing bill with no amendments. |
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To: Keith Feral who wrote (42961) | 1/1/2013 7:33:28 PM | From: Copeland | | | They'll get enough "morally conflicted" Republican and Democrat votes to pass the legislation once the appropriate amount of pork is added to the bill. |
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