Markets vs. Politicians

Markets move even when politicians don’t. Investors and consumers aren’t waiting for America’s politicians to decide whether and, if so, how to put our fiscal house in order. They are acting, now. Good thing, given the increasingly intransigent mood that has the president refusing to put spending on the table, doubling the increased taxes he is after, and insisting that Republicans raise the debt ceiling, now. We can hope this is posturing, but people with skin in the game aren’t much for relying on hope.

Read more: http://www.weeklystandard.com/blogs/markets-vs-politicians_664271.html