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By Gil Weinreich, AdvisorOne |
January 2, 2013
Substantial gains across asset classes in 2012 confirmed the old adage about the market ascending a wall of worry. But the certainty of political fighting over spending cuts in the first quarter should provide market entry opportunities to those who missed last year's ride.
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By Melanie Waddell, AdvisorOne |
January 2, 2013
The fiscal cliff deal that was approved by Congress sent the markets soaring Wednesday, but lawmakers and industry officials were quick to weigh in with their opinions—positive and negative—on the deal.
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By John Sullivan, AdvisorOne |
January 2, 2013
PIMCO CEO doesn’t think much of the last-minute deal struck by Congress to avert the fiscal cliff.
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By ALAN FRAM, Associated Press |
January 2, 2013
House passes Senate bill, 257-167, shortly before midnight, sending legislation to President Barack Obama to sign.
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By Andrew Taylor, Associated Press |
January 1, 2013
Legislation to negate a fiscal cliff of across-the-board tax increases and sweeping spending cuts to the Pentagon and other government agencies is headed to the GOP-dominated House after bipartisan, middle-of-the-night approval in the Senate.
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By Melanie Waddell, AdvisorOne |
December 31, 2012
Speaking from the White House, President Obama said Monday afternoon that a deal to avert the fiscal cliff--at least making sure taxes don't go up on middle class Americans--is "in sight."
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By Pamela Sampson, AP, Pan Pylas, AP Business Writer |
December 31, 2012
European, Asian indexes rise significantly for the year, with hopes remaining that some kind of deal still can be made in U.S.
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By Gil Weinreich, AdvisorOne |
December 28, 2012
What may seem to Americans like an annual budget crisis, recurring at the end of each year, could morph into a more European style perma-crisis...
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By Marlene Y. Satter, AdvisorOne |
December 28, 2012
Speaker of the House John Boehner called for Congess to reconvene on Sunday.
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By Gil Weinreich, AdvisorOne |
December 27, 2012
The issue is how Americans spend money, but rational analysis has been absent from our political discourse. Only pain will prompt appropriate aversion to consuming more than our resources allow.