The solid trends established in 2004 and 2005 are intact for now, with inflation and a 2010 U.S. tax hike the key risks.
However, Cisco pointed out concerns in its last quarter earnings that the hike in the U.S. debt ceiling and the ongoing European debt crisis could weigh on its revenues in Q1 2012 and projected a low single digit growth for the quarter.
Investors are facing the threat of a credit downgrade that would hike borrowing costs for U.S. companies at a time when the economy is showing more signs of faltering and Washington lacks the will for further stimulus measures.
Despite media hype regarding the U.S. debt limit wrangling in Congress, most traders and investors reckon a debt-limit-hike agreement will be reached before the U.S. government defaults on its payments.
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Most traders and investors reckon a debt-limit-hike agreement will be reached before the U.S. government defaults on its payments.
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Most traders and investors correctly reckon a debt-limit-hike agreement will be reached before the U.S. government defaults on its payments.
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While most traders and investors still believe a debt-limit-hike agreement will be reached before the U.S. government defaults on its payments, the market place is becoming more jittery as the self-imposed August 2 deadline approaches for lawmakers.
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While most traders and investors still believe a debt-limit-hike agreement will be reached before the U.S. government defaults on its payments, the market place is now becoming a bit more jittery as the self-imposed August 2 deadline approaches for lawmakers.
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The May 10 Bank of England 25-basis-point rate hike to 5.5%, topping the U.S., gives an opportunity to benchmark U.S. monetary stimulus.
The analyst says his more bullish view on Siris reflects continued improvement in U.S. auto sales and evidence that a precent price hike is not affecting churn, retention and discounting as much as he had feared.
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Given his more optimistic view on the U.S. economy than the consensus he is calling for a Fed rate hike in January 2013.
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In 2011, Republicans demanded major budget cuts before they authorized a hike in the federal debt ceiling, a fight that contributed to a U.S. credit rating downgrade.
Lower capital investment in the U.S. means less wage growth, and so the people hurt most by this tax hike would be workers, according to a study by the Institute for Research on the Economics of Taxation.
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