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Minyanville's T3 Morning Market Call: Anxiety Shifts to Fiscal Cliff After Obama Wins Reelection
US stock futures point to a lower open Wednesday morning following the reelection of President Barack Obama. While the popular vote and tallies in key battleground states were close it was a somewhat surprising margin of victory in the electoral college for the president. There was also little changed as far as control of Congress as Republicans remain in control of the House of Representatives while the Senate remains controlled by the Democrats. Investors are now shifting their anxiety toward the fiscal cliff with fears that a still-gridlocked electorate will find it hard to reach a compromise. An Obama ...
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