The Stock Rally Is Going Into Overdrive, As Obama Admits He Will Cave On Tax Cuts

Rocket China

So basically Barack Obama’s press secretary Robert Gibbs admitted he will cave on the Bush tax cuts. Entirely predictable, of course.

The Dow is now up 200 points.

Gold has just smashed above $1380.

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.


Tagged In

gold moneygame-us taxes