Salient to Investors:
Bill O’Grady at Confluence Investment Mgmt said Boehner clearly is weakened as he couldn’t even deliver any tax increase, so we will go past Jan. 1 without an agreement – recession means $50 oil.
The Thomson Reuters/University of Michigan consumer sentiment index decreased to 72.9, the weakest since July.
Read the full article at http://www.bloomberg.com/news/2012-12-21/oil-drops-first-time-in-six-days-on-fiscal-concern.html.
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