The Cliff-Hangover (Infographic)
What’s next with the Budget Resolution, Debt Ceiling, and Sequester? Well, the situation is enough to make your head spin. My best advice is to hold on, take two aspirin, and send me your comments in the morning.
You’ve Been Sequestered
As the clock ticked past 11:59 and Friday, March 1 turned into Saturday, March 2, the much-discussed sequestration went into effect. Did markets shudder at this lack of a last-minute deal? Not really – in fact, all three major U.S. markets (DJIA, S&P 500, and NASDAQ) closed up on Friday. So,…