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With the meida channels flooded with commentary over the resolution of
the fiscal cliff – I thought just a few simple charts [6] could make things just a bit easier to understand.
So writes Lance Roberts (www.streettalklive.com) in his introduction to the charts below posted on his site* under the title Cliff Deal Charts – Just Charts.
This article is presented by www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and www.munKNEE.com (Your Key to Making Money!) for information purposes only.
The article may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read.
The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.
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The 6 charts are as follows:
*http://www.streettalklive.com/daily-x-change/1425-cliff-deal-charts-just-charts.html
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Related Articles:
1. The Fiscal Cliff Drama Is Over! Here Are the Winners & Losers
At the 13th hour, the House passed the compromise bill that appears to have helped the U.S. avoid imminent economic disaster – from their own inability to reach a compromise before the January 1st deadline. For now, the markets appear to be cheering the reduction of some uncertainty but it’s not the all-inclusive deal that many had hoped for. Below are some of the apparent winners and losers included in the deal. Words: 765
2. The Fiscal Cliff Will Prove to Be a Dud – and More Optimistic Forecasts for 2013
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Visit wsj.com – HERE – to find their calculator which shows where your household income stands compared to others in the U.S.. $506,000 puts you in the top 1%; the much talked about $250,00 in the top 6%; $200,000 in the top 10% while an annual salary of $43,000 puts you in the top/bottom 50%. Where do you stand?