Cyrrus (Cyrrus)
Markets  |  January 02, 2013 09:47:07

Fiscal cliff averted, but it needs to raise debt limit


iPoint.cz Approval of proposals to avert a fiscal cliff twists and turns around, however, the U.S. budget is far from over. It is still necessary to increase the debt limit, which would already now without the intervention of the Minister of Finance has exceeded its ceiling 16.4 trillion. USD. This time lawmakers have until mid February and in case of their failure will automatic budget cuts to 1.3.2013. Republicans are doing their chance and support to increase the debt ceiling intend to replace the reduction of budget expenditures, which were not yet able to enforce.Uncertainty continues so, but even just a partial solution to the strong increases in indices (S & P 500 last trading day of 2012 grew by 1.7% and 1.3% of DJIA and Nasdaq even 2%).

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Fiscal cliff sice odvrácen, ale ještě je třeba zvednout limit zadlužení

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