(As of 7:05 am pacific)
Risk is on as hopes rise for a
solution to the 'fiscal cliff' drama.
Most asset categories are up significantly, including oil and gold. The stock market opened with gains of nearly
1%. In company news, Intel announced
that its CEO was retiring. Asia and
Europe markets reflect US optimism as well.
It looks like a turnaround for the markets today as positive momentum is
picking up.
