Take Two for February 28, 2013

Why isn't Wall Street freaking out over sequestration?

A busy day on Wall Street

Spencer Platt/Getty Images

Traders work on the floor of the New York Stock Exchange on September 6, 2012 in New York City.

Congress probably won't stop the sequestration cuts before tomorrow's deadline. Despite this, the stock market is reaching record highs.  Sure, there was a dip at the beginning of the week - likely a little reaction to the Italian election. But what about the fuss over across-the-board spending cuts?  The

Here with some thoughts on the relationship between what's happening on Wall Street and what's not happening in Washington is Barry Ritholtz.  He's an investment advisor and columnist for the Washington Post.  


blog comments powered by Disqus