Fiscal Cliff Talks Sure to Rattle Wall Street Nerves

By RODRIGO CAMPOS, Reuters

November 24, 2012

 

Volatility is the name of this game.
With the S&P 500 above 1,400 following five days of gains, traders will be hard pressed not to cash in on the advance at the first sign of trouble during negotiations over tax hikes and spending cuts that resume next week in Washington. President Barack Obama and U.S. congressional leaders are expected to discuss ways to reduce the budget deficit and avoid the "fiscal cliff" of automatic tax increases and spending cuts in 2013 that could tip the economy into recession.

Analysis: "Caveat emptor" as foreigners rush to ride China rebound

By Vikram Subhedar

HONG KONG | Sun Nov 25, 2012 8:33pm EST

Investors look at computer screens showing stock information at a brokerage house in Shanghai in this June 8, 2012 file photo. Foreign investors have started rebuilding their China equity portfolios, tempted by low valuations after two years of market underperformance and signs economic growth may be stabilizing. They have pumped nearly $4 billion (2 billion pounds) into Chinese equity funds in the past two months alone, trying to get in early on what they hope will be a sustained rally. Picture taken June 8, 2012. 

(Reuters) - Foreign investors have started rebuilding their China equity portfolios, tempted by low valuations after two years of market underperformance and signs economic growth may be stabilizing.
They have pumped nearly $4 billion into Chinese equity funds in the past two months alone, trying to get in early on what they hope will be a sustained rally.