European stocks and U.S. index futures retreated as U.S lawmakers prepared for talks to avert the country’s so called fiscal cliff of automatic tax increases and spending cuts. The dollar and the yen strengthened.
43:55 - Cazenove Capital Management Chief Investment Officer Richard Jeffrey discusses market reaction to the crisis in Greece and if the possibility of contagion is being priced in. He speaks with Francine Lacqua and Manus Cranny on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
Greece in the Euro-Zone Doesn’t Really Matter: Hochberg
Sans Miracle Greece Will Miss IMF Payment: Gallo
Monetary Policy Divergence Will Strengthen Dollar: Juvyns
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