Monday, December 31, 2012

‘Fiscal Cliff’ Standoff Weighs on Stocks, 401(k)s

‘Fiscal Cliff’ Standoff Weighs on Stocks, 401(k)s: Investors hate uncertainty, and Washington’s game of cat and mouse on the so-called fiscal cliff of tax hikes and spending cuts has erased hundreds of billions of dollars from the wealth of Americans. If a deal is not reached, the consequences for the economy will be...

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