Comment on Super Committee Punts Setting Up Bears With Great Field Position

Super Committee Punts Setting Up Bears With Great Field Position

U.S. stock futures point to a sharply lower open on Wall St. Monday as the congressional supercommittee looks set to announce it was unable to reach a deficit-reduction. Deep differences of opinion over tax and spending reforms made it impossible to strike a compromise, and this defeat will mark another market-negative catalyst from our Federal government.

 

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