Consumer confidence in the US is climbing despite disposable incomes flatlining for five years, suggesting few worries about the looming fiscal cliff. James Mackintosh, investment editor, points out the worries among chief executives and warns that even if the fiscal cliff becomes a fiscal staircase, it could still be an uncomfortable climb down. Read more
James Mackintosh is the Financial Times' Investment Editor, writing and presenting the daily Short View column and video. In 16 years at the FT his posts have included comment editor, motor industry editor and hedge funds correspondent, as well as spells in the Parliamentary lobby and Paris. He was the first reporter hired for FT.com, joining two weeks before it launched.
John Authers is the Financial Times' Senior Investment Columnist, writing the Saturday Long View and a regular Monday column. In a 22-year career at the FT, his previous posts have included global head of the Lex column, investment editor, US markets editor, Mexico City bureau chief and US banking correspondent. His latest book is The Fearful Rise of Markets. 
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