The FTSE did pause as I suggested in my last post, but is up strongly this morning after a partial deal on the US fiscal cliff.
The Dow took more of a dip, although I called it a bit early, and is also rebounding. The deal, however, is only partial; agreement has been reached on taxes, but spending cuts have just been postponed for a couple of months so we could be going through this again then. This could mean that the bounce may only be temporary.
Kony U.S. Debt Ceiling Becky Smith David Cameron Anthony Weiner Libyan Conflict Schwarzenegger Lance Armstrong Jeremy Lin Champions' League Petraeus Affair Katie Taylor Justin Bieber Wikileaks al-Qaeda Costa Concordia Disaster Dawn George Japan Disaster Karen Bill Kathy Long Sarah Palin U.S. Credit Downgrade Marathons UK Riots Laila Ali Michele Bachmann Pirates of the Caribbean iPad Alicia Ashley Hurricane Irene
Martin Zwilling
