Asia stocks Dry Up hours before US fiscal cliff hits
Asia stocks wilt hours before US fiscal cliff hits
100% With just hours left before the U.S. hits the "fiscal cliff," stocks on the other side of the world wilted Monday as investors sold off riskier assets to lock in profits just in case budget negotiations fail in... "It is likely that many of the fiscal cliff measures allow a certain amount of room within which the government can introduce measures to refrain from any tax increases," said Joshua Mahony, an analyst at Alpari.
http://www.wxow.com/story/20471205/asia-stocks-wilt-hours-before-us-fiscal-cliff-hits
http://www.wxow.com/story/20471205/asia-stocks-wilt-hours-before-us-fiscal-cliff-hits
Asia stocks wilt hours before US fiscal cliff hits | NewsOK.com
100% BANGKOK (AP) – With just hours left before the U.S. hits the "fiscal cliff," investors on the other side of the world sold off stocks to lock in profits just in case budget negotiations in Washington fail. Peter Esho, chief market analyst at CityIndex in Sydney, said Australian markets could cope with the fiscal cliff uncertainty – as long as it doesn't blow up into the financial crisis that followed the collapse of Lehman Brothers in 2008.
100% BANGKOK (AP) – With just hours left before the U.S. hits the "fiscal cliff," investors on the other side of the world sold off stocks to lock in profits just in case budget negotiations in Washington fail. Peter Esho, chief market analyst at CityIndex in Sydney, said Australian markets could cope with the fiscal cliff uncertainty – as long as it doesn't blow up into the financial crisis that followed the collapse of Lehman Brothers in 2008.
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