S&P 500 Falls as Senate Rejects Plan Replacing Sequester – Bloomberg 02-28-13

Salient to Investors:

E. William Stone at PNC Wealth Management doesn’t expect massive impact from the impending spending cuts, but says there is fear of the unknown and an anticipation of increased volatility.

William Murray at the IMF said sequestration means reevaluation of growth forecasts.

Read the full article at http://www.bloomberg.com/news/2013-02-28/u-s-stock-index-futures-little-changed-before-gdp-report.html

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