Why Companies Still Aren't Likely to Invest-or Hire
January 03, 2013 at 12:46 PM EST
"Given how cantankerous the fiscal cliff negotiations were, we do not have much faith that the next round of talks, which will begin within a couple weeks and which arguably have much bigger long-run stakes, will go any better," Deutsche Bank chief U.S. economist Joseph LaVorgna warned clients. "We do not see how this is going to be good for business spending and hiring."