Monday, January 07, 2013

Fear Fear Fear

$$ - Getting the blame today for the market decline? The debt ceiling! Or at least the fear of the lack of one. Also playing a role is fear of the earnings season which starts tomorrow!

Or maybe it's just fear of that Alabama -9.5 spread against Notre Dame tonight in the NCAA championship game.

In any case, how many times does this dram play out year after year? Ultimately the debt ceiling goes up.