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Look Out Below, Republican Revolt edition
Posted By Barry Ritholtz On December 20, 2012 @ 9:03 pm In Markets | Comments Disabled
The GOP is bolting, not from the President’s proposal, but from House Speaker Boehner’s. (Can you say Speaker Cantor?)
Note this headline was from 4:46 PM ET on Thursday: U.S. Stocks Advance as Boehner Vows to Work With Obama .
Only not so much.
Asian Stocks Gain as U.S. Economic Data Lifts Confidence (Bloomberg )
House GOP Cancels ‘Fiscal Cliff’ Vote (WSJ )
Boehner Drops ‘Plan B’ As Budget Effort Turns to Disarray (Bloomberg) 
G.O.P. Leaders in House Pull Tax Bill, Citing Lack of Votes (NYT )
Boehner abandons plan to avoid ‘fiscal cliff’ (Washington Post )
Stocks Drop on U.S. Budget Concern; Treasuries, Yen Rise (Bloomberg )
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2012/12/look-out-below-republican-revolt-edition/
URLs in this post:
 Image: http://www.bloomberg.com/markets/stocks/futures/
 U.S. Stocks Advance as Boehner Vows to Work With Obama: http://www.bloomberg.com/news/2012-12-20/u-s-stock-index-futures-are-little-changed.html
 Bloomberg: http://www.bloomberg.com/news/2012-12-21/asian-stocks-gain-as-u-s-economic-data-lifts-confidence.html
 WSJ: http://online.wsj.com/article/SB10001424127887324461604578191453200498818.html
 (Bloomberg): http://www.bloomberg.com/news/2012-12-21/boehner-drops-plan-b-as-budget-effort-turns-to-disarray.html
 NYT: http://www.nytimes.com/2012/12/21/us/politics/house-moves-toward-vote-on-boehners-backup-plan.html
 Washington Post: http://www.washingtonpost.com/politics/cliff-standoff-boehner-works-to-wrangle-votes-for-plan-b-obama-threatens-veto/2012/12/20/d37cd8c6-4aa5-11e2-9a42-d1ce6d0ed278_story.html
 Bloomberg: http://www.bloomberg.com/news/2012-12-21/asian-stocks-advance-heading-for-weekly-increase-euro-weakens.html
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