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Dec 16, 2011

Marketplace Index for Friday, December 16, 2011

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For financial markets, the news the government won't shutdown this weekend over extending the payroll tax cut seems a bit like someone promising not to poke you in the eye after all. As part of the deal, the Obama administration backed off its push for a surtax on millionaires to pay for more of the payroll tax discount.

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Brinkmanship and the markets

Dec 16, 2011
News that the government won't shutdown this weekend over payroll tax cut seems a bit like someone promising not to poke you in the eye after all.

Good news on inflation

Dec 16, 2011
Lower energy costs kept November's Consumer Price Index flat, a good sign for the U.S. economy.

For financial markets, the news the government won’t shutdown this weekend over extending the payroll tax cut seems a bit like someone promising not to poke you in the eye after all. As part of the deal, the Obama administration backed off its push for a surtax on millionaires to pay for more of the payroll tax discount.

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