If House approves, that doesn't necessarily mean stock buyers go nuts. In fact, most Americans get a 2% tax increase since the bill won't extend the payroll tax holiday.
Still, we can be optimistic for a few days. Unfortunately the whole Congressional issue of deciding which Federal spending to cut will be the big topic throughout the year, especially since the debt ceiling increase must be approved again within the next 2-3 months.
Nope, the current fiscal cliff "solution" is not really a major solution to the US/world's systemic economic problems.
Good luck in 2013 to all VMC players nonetheless!
'peeker
Focus Focus Focus Focus !!!!
