The big wild cards are the stock market and the nation's financial confidence: Would traders start to panic if Washington appeared unable to reach accord? Would worried consumers and businesses sharply reduce their spending? The stock market shot higher Monday as investors bet that Republicans and Democrats would reach an 11th-hour compromise.Federal Reserve Chairman Ben Bernanke has warned lawmakers that the economy is already suffering from the uncertainty and they shouldn't risk making it worse.
Over The Fiscal Cliff: Soft Or Hard Landing?
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