Don't Investors Know Obama Will Get His Way?
So while reporters barraged the president with skepticism about fiscal cliff talks, and questioned how he would respond to a Boehner spokesman's latest statement that the White House's "opposition to a back-up plan to ensure taxes don't rise on American families is growing more bizarre and irrational by the day," Obama simply repeated his belief that there's no reason America should go over the fiscal cliff.
Markets fluctuated -- possibly searching for firm direction from Obama's comments -- but the president seemed to telegraph something else: He'll reach a fiscal cliff deal and he'll get mostly what he wants.
-- Written by Joe Deaux in New York.
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