U.S. Stocks Rise as Investors Watch for Progress on Talks – Bloomberg 12-17-12

Salient to Investors: David Sowerby at Loomis Sayles it’s a tug of war between the fiscal cliff and global monetary easing – most bullish is valuation and an accommodative Fed. The average analyst expects capital spending by S&P 500 companies to drop 1.3 percent in 2013 after 3 years of growth. Bears say the last decline was at

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