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Unformatted text preview: here is the Occupy Wall Street
movement and the question of how it might
influence political debate in this country during a
presidential election year. The super committee’s
inability to find concensus for debt reduction and
fiscal sustainable risks additional downgrades to
the U.S. credit rating and greater uncertainty. Failure to make meaningful gains in this regard risks
additional downgrades to the U.S. credit rating.
While the long-term impact of such actions can
be debated, of immediate relevance is that new
elements of uncertainty will exist throughout 2012.
Perhaps that is the reason why the FOMC policy
announcements have focused on keeping the Federal Funds rate at exceptionally low levels until at
least through mid-2013.
What other exogenous factors are impacting
the markets and the U.S. economy? It seems
oddly appropriate that exogenous is a Greek
word because as 2011 closes out, Greece is front
and center, standing as the poster child for the 2012 Colorado Business Economic Outlook sovereign debt crisis. As this is being written, Greek
Prime Minister Papandreou resigned and is working with the opposition party to create a u...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery