"Fiscal cliff" is becoming less of a worry for global investors

12/4/2012 | Reuters

Optimism that U.S. officials will avoid the "fiscal cliff" prompted investors to increase equity overweight positions to a 20-month high in November in Europe and the U.S., according to a Reuters poll. "All eyes are now on the fiscal cliff, where a muddling-through until the end of [the first quarter] can be expected," said Boris Willems of UBS Global Asset Management.

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