{"id":139780,"date":"2021-09-25T19:08:32","date_gmt":"2021-09-25T19:08:32","guid":{"rendered":"https:\/\/precoinnews.com\/?p=139780"},"modified":"2021-09-25T19:08:32","modified_gmt":"2021-09-25T19:08:32","slug":"equity-market-not-priced-for-fiscal-cliff-bear-traps-report-editor","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/politics\/equity-market-not-priced-for-fiscal-cliff-bear-traps-report-editor\/","title":{"rendered":"Equity market \u2018not priced\u2019 for fiscal cliff: Bear Traps Report editor"},"content":{"rendered":"

Equity market \u2018not priced\u2019 for fiscal cliff: Larry McDonald<\/h2>\n

The Bear Traps Report founder and editor Larry McDonald on how markets could react if a deal to avoid the fiscal cliff is not reached.\u00a0<\/p>\n

The Bear Traps Report founder and editor Larry McDonald argued the potential fiscal cliff will significantly impact the markets in a negative way if lawmakers don’t vote to avoid it on FOX Business’ "Mornings with Maria."<\/p>\n

GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/p>\n

LARRY MCDONALD: There's a huge divergence in the market because we're at all-time highs and people have to realize we've done $6.5 trillion of deficit spending the last two years — 6.5 trillion. <\/i><\/p>\n

And Republicans and conservative Democrats want to take that down to 1 or 2 trillion. In other words, last year the deficit was 3 trillion total, 3.5. They want to take it down to 1. <\/i><\/p>\n

That's, you know, $2 to 2.5 trillion fiscal cliff and the equity market is not priced for that. So we have a lot of drama coming the next six weeks as Republicans and Democrats fight this out.<\/i><\/p>\n

FED EXPECTED TO PROVIDE TAPER TIMELINE HINTS AT KEY POLICY MEETING THIS WEEK<\/strong><\/p>\n

WATCH THE ENTIRE SEGMENT BELOW:  <\/strong><\/p>\n

<\/p>\n

How fiscal cliff could hurt markets <\/h2>\n

The Bear Traps Report founder and editor Larry McDonald provides insight into earnings, spending, the markets and China\u2019s Evergrande crisis.\u00a0<\/p>\n

 <\/br><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Equity market \u2018not priced\u2019 for fiscal cliff:<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23055],"tags":[],"yoast_head":"\nEquity market \u2018not priced\u2019 for fiscal cliff: Bear Traps Report editor - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/politics\/equity-market-not-priced-for-fiscal-cliff-bear-traps-report-editor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Equity market \u2018not priced\u2019 for fiscal cliff: Bear Traps Report editor - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Equity market \u2018not priced\u2019 for fiscal cliff:\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/politics\/equity-market-not-priced-for-fiscal-cliff-bear-traps-report-editor\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-25T19:08:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cf-images.us-east-1.prod.boltdns.net\/v1\/static\/854081161001\/e5053485-b7d1-40be-9dc3-3156fca08467\/fa61dd19-ebcb-4332-b903-42f207c02c2c\/1280x720\/match\/image.jpg\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/politics\/equity-market-not-priced-for-fiscal-cliff-bear-traps-report-editor\/\",\"url\":\"https:\/\/precoinnews.com\/politics\/equity-market-not-priced-for-fiscal-cliff-bear-traps-report-editor\/\",\"name\":\"Equity market \u2018not priced\u2019 for fiscal cliff: Bear Traps Report editor - 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