Showing posts with label U.S. debt rating. Show all posts
Showing posts with label U.S. debt rating. Show all posts

Thursday, November 8, 2012

Obama win has investors staring at fiscal cliff

NEW YORK (Reuters) - Investors hit trading floors Wednesday morning with the same president and the same problems in gridlocked Washington, and expected the same solution as always to a looming budget crisis that threatens the economy: punt and deal with it later. Shares dropped sharply on fears that partisan bickering will prevent compromise.