The Cycle, 11/26/12, 7:00 PM ET

Real talk on compromise and the fiscal cliff

NBC News’ Luke Russert and Stephanie Ruhle from Bloomberg TV join The Cycle hosts for real talk about the fiscal cliff and the probability that compromise will be reached.

Will investment fall off the fiscal cliff?


Last week we talked to Brian Hamilton of the financial analysis company SageWorks about the fiscal cliff’s impact on American companies’ investments.

“The message to Washington is make a policy—even if it’s not great–and get it out early,” Hamilton told The Cycle.

But Warren Buffett argues in Sunday’s New York Times that investors will always invest–even if their tax rates go higher, and even if they don’t know their tax rate until after the December 31 fiscal cliff deadline passes.

Buffett wrote:

So let’s forget about the rich and ultrarich going on strike and stuffing their ample funds under their mattresses if—gasp—capital gains rates and ordinary income rates are increased. The ultrarich, including me, will forever pursue investment opportunities.

See whose side The Cycle hosts and Bloomberg TV’s Stephanie Ruhle are on.


Will investment fall off the fiscal cliff?