In this week's Off the Cuff with Mish & Chris podcast, Mish and Chris discuss:
- Post-Election Plunge
- Why are the markets selling off so hard?
- The Return of the EuroCrisis
- It worsened while we ignored it.
- The Fiscal Cliff
- Will we drive off it? And at what speed?
- Gold's Resurgence
- Showing strength as investors demand safety
America awoke on Wednesday with the Presidential election finally over and talk from the re-elected incumbent of moving 'forward' again.
As it starts to clear its blurred 'morning after' vision, the U.S. is slowing discerning what exactly lies on the immediate road before it. The looming fiscal cliff. A struggling domestic economy seeing corporate earnings beginning to falter. Europe sliding faster into deepening recession. Japanese debt approaching 1 quadrillion(!!) yen. A slowing China.