The Coming Crisis: Wall Street heads for longest losing streak in three months

The Coming Crisis Welcome to Humanity's    ...Final Performance...

Wall Street heads for longest losing streak in three months Dec 28th 2012, 19:38 Stocks fell on Friday, putting the S&P 500 on track for a fifth straight decline, as President Barack Obama and top congressional leaders were set to make a last-ditch attempt to steer the country away from severe fiscal austerity next year. Obama and lawmakers from both political parties will meet at the White House on Friday afternoon for talks in an effort to agree on a solution before a New Year's deadline to keep large tax hikes and spending cuts from taking effect. Economists say that combination of automatic higher taxes and lower government spending - known as the "fiscal cliff" - could push the U.S. economy into a recession. http://www.reuters.com/article/2012/12/28/us-markets-stocks-idUSBRE8BG0D620121228

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