US investors will hit trading floors this morning with the same president and the same problems in gridlocked Washington. First up – a looming budget crisis that could send the US economy reeling.
President Barack Obama beat back Republican challenger Mitt Romney to win a second term, but he will still have to contend with a Republican-controlled House of Representatives that could make forging a compromise on pressing issues like the coming ”fiscal cliff” difficult.
via Business feed http://www.scmp.com/business/economy/article/1077111/obama-win-has-us-investors-staring-gridlocked-washington
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