CONSUMERS FOUGHT ‘FRUGALITY FATIGUE,’ BUT CAPITAL MARKETS DIDN’T BUDGE
By Cain Brothers
There was only one real surprise Thanksgiving week. It was not the fact that, after four months of intense pressure to find a compromise, the budget deficit super committee came up empty.
It was not the fact that, after what seems like years of haggling, the Euro zone ministers could still not come up with a believable plan to stabilize the Euro debt crisis. It was not the fact that Newt has come from behind to sit atop the latest Quinnipiac poll for the Republican nomination in 2012.
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