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Tuesday, October 09, 2012

Fiscal cliff is 'ticking time bomb' for stocks - Oct. 8, 2012

Fiscal cliff is 'ticking time bomb' for stocks - Oct. 8, 2012

  The race for the White House is on investors' minds, but who gains control of Congress will have an even bigger impact on the stock market.
In fact, nearly 60% of the investment strategists and money managers surveyed by CNNMoney said the outcome of congressional elections will play a bigger role, since lawmakers in the House and Senate will dictate how to resolve the fiscal cliff, considered to be the market's biggest headwind.

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