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Global Reach

Global Reach

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December 06th 2012:And the Fight Goes On! How Will the Fiscal Cliff Showdown Impact Global Business and Global Investors?

And the fight goes on. Will battle over taxes, spending and the debt ceiling end up in a workable compromise or more of the same--gridlock? Will gridlock mean a leap off a cliff or a slide down a hill? Will it drive the US economy back into recession? The global economy? The equity markets? In the past, gridlock has been good for equities (if bad for the economy). But “not this time,” says my guest, Scott Wren, Senior Equity Strategist for Wells Fargo Advisors. “For the sake of future economic growth and the health and wellbeing of the next generation, Washington needs to break the impasse . .

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Scott Wren

Scott is the Senior Equity Strategist for Wells Fargo Advisors. He is part of a collaborative effort by representatives of a number of the firm's research departments to analyze the current situation and outlook for the economy and financial markets. As an Equity Strategist, his responsibilities include overall equity strategy and guidance recommendations to retail and institutional clients, as well as analysis and selection of stocks in the Focus Portfolio. Scott also serves on the firm’s Asset Allocation Committee. Scott has more than 25 years of experience in the financial services industry and serves on the firm's Investment Strategy Committee. Prior to joining A.G. Edwards (a processor
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