The song remains the sameBY BENJAMIN ONG | FRIDAY, 9 NOV 2012 9:40AMThe big macro events of this week hasn't changed one iota of the future. It was status quo all around. |
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Jacqueline Fernley
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Jacqueline Fernley is a self-confessed nerd, a market animal and as of this year, her own boss. Riddhima Talwani writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
I have heard from a number of Independant Economists that the US would slow by as much as 3 to 4% sending the US into a deep recession if Congress fails to prevent the measures from kicking in!! That seems a huge difference to 0.5%. I would have thought that $1.2 trillion in spending cuts and tax increases would affect there economy more than by 0.5%. What are your thoughts?