The Fiscal Cliff: Waiting for a Compromise

These days, all eyes are on Washington, where Republicans and Democrats are struggling to hammer out an agreement on the fiscal cliff. The dire economic consequences of going over the cliff are well-known talking points by now, recited daily by politicians on both sides of the aisle. But despite this doom and gloom, Credit Suisse’s Ira Jersey remains optimistic. In this exclusive video, he sketches out the broad outlines of the two-part compromise that he expects will eventually come out of Washington. WATCH:

 

 

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