07-19-2012, 01:31 AM
No doubt another precarious time in the markets. Something to remember that was going on last year at this time. Congress was debating the raising of the debt ceiling which had to happen by Aug 2. Things were not looking good and Moody's downgraded the US credit rating. Lots of uncertainty again right now about the "fiscal cliff" but probably nothing as momentous as the US downgrade last year. A lot of bad news baked into markets right now and probably won't change much until our elections IMHO.