It looks like the Super-committee is at an impasse, which is not much of a surprise.
from AP:
What's amazing is that people believed there may be some sort of a deal, given the experience in August. The Intrade probability for a resolution is around 20%.
This is bad news with respect to a potential for another downgrade of US treasuries. In August that caused a 7% drop in US equity markets.
SoberLook.com
