Why Goldman Refuses To Raise Its S&P 1250 Year End Forecast
The S&P 500 is at its 2012 highs, and rapidly approaching all time highs, even as nothing has changed over the biggest challenge facing America: the fiscal cliff. Ironically, with every tick higher in the market, the probability that Congress will come to a consensus over what would be a haircut of up to 4% to next year's GDP as soon as January 1...
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