U.S. Fiscal Cliff Deal: A Stopgap, Not a Solution

According to BlackRock, the "fiscal cliff" agreement forged in Washington over the New Year holiday provides short-term relief from the impact of scheduled tax hikes and spending cuts. It does, however, leave several sources of fiscal drag on the U.S. economy and pushes back critical budget decisions further into 2013.

Click here to read the article from BlackRock.   

Steven Karsh