Investors predict big drop in Dow if "fiscal cliff" deal doesn't happen

12/7/2012 | Hill, The

The Dow Jones industrial average would drop at least 10% if a deal to avert the "fiscal cliff" is not reached, according to 48% of institutional investors surveyed by Potomac Research Group. An additional 11% of investors said the drop would be as much as 20%. Almost half of investors said they were most concerned about the tax rate on dividends increasing to the same level as income tax rates.

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Hill, The

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