T. Rowe: Low Rates are Market’s Biggest ‘Anomaly’
Posted on 11/30/2012 by Associated Press | General News | Comments
Bulletin Today | Money & SavingsBy Steve Rothwell, Business Writer, The Associated Press It’s not all about the “fiscal cliff.” That’s a refreshing sentiment while stock markets are being held in thrall by every comment from lawmakers in Washington on the state of budget negotiations. If no deal on the budget is reached by the end of the year, huge tax increases and spending cuts will start to take effect Jan. 1. Economists say those measures could push the United States back into recession. Yet …
