Daily Archives: December 12, 2012

The Federal Reserve has driven US investors into riskier assets by promising lower rates for longer as part of its assault on unemployment. James Mackintosh, investment editor, worries that markets are complacent about the speed with which unemployment is falling, and the risk of an early Fed policy tightening.

Investors are becoming more hopeful that a deal will be done to avoid the US fiscal cliff. But would it really be so bad if no deal was reached? James Mackintosh, investment editor, explores the impact of the tax hikes and spending cuts due in the new year.