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Travelin’ Man

Posted By Barry Ritholtz On January 22, 2013 @ 6:28 am In Markets | Comments Disabled



Just a quick note: I am off to some meetings and a few conferences in Canada. Partly because its business, but also because I am curious what 20 below feels like (hopefully for no longer than 3 minutes at a time).

Despite the House GOP Debt Ceiling deal, futures are flat. This is either because a) But for my travel, they otherwise would have been plus 25 on the SPX; or b) Like the fiscal cliff [2], the debt ceiling is much ado about nothing — or at least very little.

Back in a bit . . .

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[1] Image: http://www.bloomberg.com/markets/stocks/futures/

[2] fiscal cliff: http://www.washingtonpost.com/business/how-important-is-the-fiscal-cliff-for-investors-hint-not-very/2012/11/29/f10e982c-38ce-11e2-b01f-5f55b193f58f_story.html

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