Tag Archives: Fiscal Cliff

On The Edge

(click here if infographic is not observable)

Posted in Fiscal Cliff Monitor, Fiscal Policy | Tagged , | 1 Comment

…Just Like the Titanic, But It’s Full of Bears!

Tonight’s Politico headline, Fiscal cliff deal increasingly unlikely. The Secretary of the Treasury announces after today’s market close the U.S. government will hit its debt limit on New Year’s Eve and will be forced to take emergency measures to avoid … Continue reading

Posted in Fiscal Cliff Monitor | Tagged , , , | Leave a comment

‘Toon of the Day

Hope all the GMM readers had a great holiday. The ‘toon captures just about 100 percent of what the market will be focused on for the rest of the week year. (click here if cartoon is not observable)

Posted in Cartoon of the Day, Fiscal Cliff Monitor | Tagged , | Leave a comment

Cue ‘Plan C’ Cliff Aversion Scheme

President Obama proposed a package of middle-class tax cuts and unempoyment benefits as a temporary solution to the looming ‘fiscal cliff.’ White House correspondent David Nakamura says Republicans may face pressure to pass the measure. Hope the pols have, at … Continue reading

Posted in Fiscal Cliff Monitor, Fiscal Policy, Sovereign Debt | Tagged , , , | Leave a comment

Feliz Navidad! Not!

Leave it to the pols to ruin Christmas.   Now it’s either a purely Democratic cliff bill or nuttin’, honey.    Good luck passing the debt ceiling. The House Republican Conference turned its back on Speaker John Boehner Thursday, forcing GOP … Continue reading

Posted in Fiscal Cliff Monitor, Fiscal Policy | Tagged , , | Leave a comment

Angry Washington Elves Take Down Market, VIX spikes

He’s an angry elf. – Buddy,  Elf Leave it to the politicos.   They were the windshield,  we, the bug today. Doesn’t seem like they are gonna move and get it done. The VIX was up almost 12 percent today, the … Continue reading

Posted in Fiscal Cliff Monitor, Fiscal Policy | Tagged , | Leave a comment

Washington Post: Fiscal Cliff Deal Near?

Post reporter Paul Kane on the latest developments in the talks between House Speaker Boehner and President Obama and if a deal looks likely this week. (click here if video is not observable)

Posted in Fiscal Cliff Monitor | Tagged , , | Leave a comment

‘Toon of the Day: Democrat or Republican?

Is that a Dem or Republican?  The problem is it is our balls that will get cut off over their little poker game. (click here if cartoon is not observable)

Posted in Cartoon of the Day | Tagged , | Leave a comment

Cliff Diving – Day 19

Not much here. The markets continue to slowly grind higher on strong seasonals.   The S&P500 (SPY) gained 0.34 percent and the Russell was up another 0.16%.   Utilities were strong, financials up 0.32 percent, and the VIX basically flat. Employment number … Continue reading

Posted in Fiscal Cliff Monitor | Tagged , | Leave a comment

Cliff Diving – Day 18: Can Kicks Back

Lots of divergences today. The markets caught a bid on China’s Shanghai catching a bid from nowhere.   The Shanghai was up close to 3 percent and off a three year low,  which had the index down 11 percent for the … Continue reading

Posted in Apple, Fiscal Cliff Monitor | Tagged , , | Leave a comment