Pre-Market Primer: Still No End in Sight for Cliff Negotiations
MINYANVILLE ORIGINALYet again investors' attention will focus on the president's last-ditch efforts to avoid the fiscal cliff today. Congressional leaders will be meeting with President Obama at the White House this afternoon to try to iron out a deal but there is little hope at this point that this will be finished before the automatic spending cuts and tax increases kick in on January 1. Senate Majority Leader Harry Reid despaired saying "I don't know timewise how it can happen now." After a headline-driven day US stock futures are pointing toward a lower opening today. Before the opening bell ...
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