Obama Makes New Fiscal Cliff Offer

President Barack Obama made a new budget offer that would raise taxes by $1.2 trillion and increase tax rates for households earning more than $400,000 a year, up from $250,000, said a person familiar with the talks.

Why the Trump Trade Is Already Unwound
48:24 - Marketfield Asset Management Chairman and CEO Michael Shaoul discusses the pickup in the global economy and the how reflation trade got ahead of itself. He speaks with Scarlet Fu and Joe Weisenthal on “What’d You Miss?” (Source: Bloomberg)
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