Reuters - Video

EDITION: U.S. | U.K. | IN

Business

U.S. Day Ahead: It's back to scaling the cliff

Wednesday, 26 Dec, 2012 - 02:15

Dec 26 - As President Obama and Congress get back to resolving the fiscal cliff, here are three likely scenarios of how a deal could be made.

▲ Hide Transcript

View Transcript

What -- way to look at it time is running out for President Obama and congress to avoid 600 billion dollars worth of tax hikes and spending cuts. Thursday to key players are back on the well and there's still no solution to resolve the fiscal -- But here are three scenarios are experts are writers have come up what. -- my plea deal of modest last minute measure that passes this that it it would have to answer by the house which means 191. Democrat. Must team up -- at least 26 Republicans feeling that congress could go over the -- in the new year and then deal with the issue retroactively. That it -- you might want to tweak your investment strategy now. According to Reuters columnist Linda stern got clinics and stashing cash in January might be a rough month. Or selling stocks to avoid a potentially higher capital gains tax. Right more charity checks to maximize deductions. And we could see just all talk sitting consumer confidence in December I apart says that if that she dropped to 69 point six its worst reading since September we are seeing that pessimism elsewhere. According to the latest Gallup poll only 50% of Americans believe a deal can be achieved that response is a drop of seven percentage points. From last week. On the brighter now expect more signs of a real estate recovery with new home sales. I apart says they should rise by 3% to 380000. Units in November that it's highest rate since April when he tank. There were concerns that a lack of homes for sale would hold back the market that that might not be the case with builders' confidence hitting a six year high when I -- our analysts that paid close attention to rates. As long as the ten year note stays under 2%. That will mean lower mortgage payments. And make sure to follow us on Twitter at -- insider and -- outer interviews with -- market movers on writers TV. Thursday Reuters blogger Felix salmon looks at which companies have created the most value for shareholders and the last nine years of the -- Energy -- Cigarettes. I'm -- mom this is greater.

U.S. Day Ahead: It's back to scaling the cliff

Wednesday, 26 Dec, 2012 - 02:15

Editors' Picks »

The Exchange »

The Exchange: Hot commodity The Exchange: Hot commodity

Wed, 16 Jul, 2014 - (9:25)

The Exchange: Constitutional crusade The Exchange: Constitutional crusade

Wed, 25 Jun, 2014 - (11:35)

The Exchange: The value of money The Exchange: The value of money

Mon, 02 Jun, 2014 - (9:53)

The Exchange: China’s Second Continent The Exchange: China’s Second Continent

Tue, 27 May, 2014 - (9:35)

The Exchange: A master of business arts The Exchange: A master of business arts

Thu, 08 May, 2014 - (8:24)

The Exchange: America's bankrupt cities The Exchange: America's bankrupt cities

Mon, 05 May, 2014 - (8:52)

The Exchange: Let the rocking commence The Exchange: Let the rocking commence

Tue, 08 Apr, 2014 - (8:13)

The Exchange: The Moneyball fallacies The Exchange: The Moneyball fallacies

Mon, 24 Mar, 2014 - (9:54)

Is doing good a good business? Is doing good a good business?

Mon, 17 Mar, 2014 - (7:38)

Oddly Enough »

Baby gorilla finds her feet Baby gorilla finds her feet

Tue, 02 Sep, 2014 - (0:49)

Elephants 'lovin' polo tournament Elephants 'lovin' polo tournament

Thu, 28 Aug, 2014 - (1:31)

Triplet pandas celebrate a milestone Triplet pandas celebrate a milestone

Thu, 28 Aug, 2014 - (0:48)

Group shatters record for longest flower garland by a mile Group shatters record for longest flower...

Wed, 27 Aug, 2014 - (1:30)

Masked hero sweeps clean Masked hero sweeps clean

Tue, 26 Aug, 2014 - (1:10)

Right muddy mess at World Bog Snorkeling Championships Right muddy mess at World Bog Snorkeling...

Tue, 26 Aug, 2014 - (1:11)

Hello Kitty conquers space Hello Kitty conquers space

Mon, 25 Aug, 2014 - (1:11)

Japanese zoo welcomes red panda cub Japanese zoo welcomes red panda cub

Mon, 25 Aug, 2014 - (0:42)

Is it a plane? No, it's a hoverbike Is it a plane? No, it's a hoverbike

Fri, 22 Aug, 2014 - (2:40)

Fox kicks off "Simpsons" mega marathon Fox kicks off "Simpsons" mega marathon

Thu, 21 Aug, 2014 - (0:56)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, 19 Feb, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, 10 Jan, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, 29 Aug, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, 29 Aug, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, 05 Aug, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, 17 Dec, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sun, 09 Dec, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Mon, 10 Dec, 2012 - (10:39)

Moving Pictures »

Images of August Images of August

Fri, 29 Aug, 2014 - (1:00)

Burning Together Burning Together

Mon, 01 Sep, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, 22 Aug, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, 11 Aug, 2014 - (2:27)

Burned memories Burned memories

Fri, 08 Aug, 2014 - (3:02)

Images of July Images of July

Fri, 01 Aug, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, 11 Jul, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Thu, 03 Jul, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, 20 Jun, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, 06 Jun, 2014 - (1:08)