Friday , 29 March 2024

6 Charts to Better Understand the Resolution of the Fiscal Cliff

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With the meida channels flooded with commentary over the resolution of the fiscal cliff – I thought just a few simple charts [6] could make things just a bit easier to understand.

So writes Lance Roberts (www.streettalklive.com) in his introduction to the charts below posted on his site* under the title Cliff Deal Charts – Just Charts.

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The 6 charts are as follows:

*http://www.streettalklive.com/daily-x-change/1425-cliff-deal-charts-just-charts.html

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1. The Fiscal Cliff Drama Is Over! Here Are the Winners & Losers

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At the 13th hour, the House passed the compromise bill that appears to have helped the U.S. avoid imminent economic disaster – from their own inability to reach a compromise before the January 1st deadline. For now, the markets appear to be cheering the reduction of some uncertainty but it’s not the all-inclusive deal that many had hoped for. Below are some of the apparent winners and losers included in the deal. Words: 765

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