POSES

THIS BLOG CONTINUES THE WORK OF THE ORIGINAL "POSES." NAMED FOR MY FAVORITE RUFUS WAINWRIGHT SONG. AN EXTENSION OF FLIPFLOPSBOY...JUST A LITTLE MORE CEREBRAL...MORE LITERARY...CUTTING EDGE...ARTISTIC...ENJOY!

Thursday, January 3, 2013

The Stock Market

CNN REPORTS:  World markets advanced Wednesday as lawmakers in the United States completed legislation that will mute much but not all of the fiscal cliff.

























Asian and European stocks post strong gains, while government bonds in weaker eurozone economies rally as investor appetite for riskier assets rise on the diminished threat of an immediate hit to growth in the world's largest economy.

The Senate passed a compromise measure late Tuesday that would extend Bush-era tax cuts for the vast majority of Americans and spare tens of millions from the Alternative Minimum Tax.
But the fiscal cliff deal, crafted over the holiday by Vice President Joe Biden and Senate Minority Leader Mitch McConnell, left a range of big issues unresolved and some analysts say the positive market reaction could dissipate quickly.
Time will tell.

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