Pre-Market Primer: Stocks Rally on Fiscal Cliff Negotiation Optimism
MINYANVILLE ORIGINAL Global stocks advanced today on increased optimism that the US will avoid a messy political fight over the next few weeks.  A meeting between the White House and congressional Republicans was reportedly a constructive one. President Obama told reporters in Bangkok that he is confident that the round of spending cuts and tax increases referred to as the fiscal cliff will not go into effect. The administration is reportedly proposing getting rid of $150 billion of corporate tax breaks over a decade to raise revenue and close the budget gap. One tax break on the chopping block is ...
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