Remember this from USNews from Dec 2nd?
Let's see what happens in the Far East first and U S Markets tomorrow.
"Failure by Congress to extend the Bush tax cuts, especially locking in the 15 percent capital gains tax rate, will spark a stock market sell off starting December 15 as investors move to lock in gains at a lower rate than the 20 percent it would jump to next year, warn analysts. [See who gets the most money from the financial industry.]
While it is unclear how bad the sell off could be, it could wipe out the year's gains, they warn." Delaying Tax Vote Could Crash Stock Market - Washington Whispers (usnews.com)
Let's see what happens in the Far East first and U S Markets tomorrow.
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