The markets are already fretting over the "fiscal cliff": On Thursday, the Dow seemed to surge and fall with every bit of micro-news about a deal or lack thereof, as Joe Weisenthal documented.
It's an indication that the markets are increasingly anxious about the prospect of cliff-diving: If we go over, economists believe that the market fallout could be very quick, though we'd have a few weeks before the country would actually hit a recession.
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