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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (41187)	12/4/2012 5:12:50 AM
From: Hawkmoon	1 Recommendation Read Replies (2) \| Respond to of 223004

Apparently the US Gov't is only $40 Billion, or a few weeks of deficit spending, away from the Gov't debt limits. So while CNBS is counting down the days until the fiscal cliff occurs, it's likely that we'll reach that debt cap ($16.395 trillion) a bit earlier than they are projecting. At that point, the Treasury will apparently have to start raiding the Federal pension plans. zerohedge.com So will this be the catalyst for a sell-off? Not trying to be overly bearish, but looking for the "black swans" out there.. Hawk