The CBO warns of a Thelma and Louise-style economic plunge
Posted on August 22, 2012 at 14:21 PM EDT
The Congressional Budget Office warns that the U.S. economy could plunge over the fiscal cliff Thelma and Louise style. Can a subsequent stock crash be avoided? Covestor Ltd. is a registered investment advisor. Covestor licenses investment strategies from its Model Managers to establish investment models. The commentary here is provided as general and impersonal information and should not be construed as recommendations or advice. Information from Model Managers and third-party sources deemed to be reliable but not guaranteed. Past performance is no guarantee of future results. Transaction histories for Covestor models available upon request. Additional important disclosures available at http://site.covestor.com/help/disclosures. For information about Covestor and its services, go to http://covestor.com or contact Covestor Client Services at (866) 825-3005, x703.