Big macro that is. We haven’t seen the newspaper headlines this focused since Greece threatened to take down Europe and the U.S. Fiscal Cliff jeopardized economic growth.
By late summer, the list of topics likely to set the market back had steadily grown to include:
1. The next Federal Reserve Chairman
3. Fed “Tapering”
4. U.S. budget showdown and debt ceiling
5. A failing Italian coalition government
6. German Elections