Mandate for Volatility
The fiscal cliff negotiations begin -- worlds collide. The market is finally waking up to the risk.
The fiscal cliff negotiations begin -- worlds collide. The market is finally waking up to the risk.
Obama sounds like he wants to go over the cliff. But the Petraeus matter is a new wildcard.
Friday's White House Kumbaya makes a prettier media narrative, but the reality is still ugly.
The heat is off, and reform slows to a crawl. Has Draghi done his job too well?
Greece comes off the threat-board as the can gets a very hard kick down the road.
Markets gave Washington a pass for Thanksgiving. Now, the battle of the cliff begins.
At least we wouldn't fall off the cliff. But don't kid yourself -- we'd still end up in the ditch.
Projections for negative growth and below-target inflation make a rate cut a certainty.
A seemingly stronger economy allows cliff brinksmanship, and makes a GOP cave likelier.
Passing a pre-emptive tax hike bill in the House would restore the balance of terror.