Tuesday, November 15, 2011 10:19:57 AM
Today, they were saying on CNBC that Europe is facing a liquidity meltdown if something isn't done to prevent it in the next three weeks. All countries in Europe, except Germany, are at risk. That would have a huge impact on the US markets. Additionally, the Bipartisan Congressional Budget Committee has to have a deal by the end of next week or draconian cuts will be made across the board. If that happens, watch for the market to crash and we will be stuck in our stocks at even lower prices. For it not to happen, The Republicans are going to have to accept some tax increases and the Democrats some entitlement cuts.
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