David Fleer
Bristlecone Value Partners, LLC
12301 Wilshire Blvd., Suite 320
Los Angeles, CA 90025 USA
Work 1-877-806-4141

Monthly Digest – December 2012

December 13th, 2012

Rumblings about the fiscal cliff

Comedian David Letterman recently joked: “Everybody is talking about the fiscal cliff. And I’d be talking about the fiscal cliff too, if I knew what the hell it was.” The term “fiscal cliff” refers to an agreement reached about a year ago that was made as a compromise to reduce the growth in public debt: without legislative action, a number of laws will automatically come into effect in 2013. These measures will increase taxes  and cut spending resulting in a deficit reduction of about half in 2013. Read the rest of this entry »

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