Investors are looking at the world in the wake of President Obama’s reelection victory. And they don’t like what they see.
The “fiscal cliff” now looms, with the pathway for Obama and Congress to reach agreement to avert steep tax hikes and spending cuts Jan. 1 looking tenuous and uncertain. And the Greek parliament was debating a new set of controversial austerity measures Wednesday, with a failed vote risking a new wave of crisis across Europe.
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