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Morning Business Outlook: 12/20/12

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Good morning stocks -- a solid two game winning streak moving decisively lower in the final hours on Wednesday the Dow tumbled 99 points.

Comments from President Obama and house speaker John Boehner convinced investors that both sides still far apart.

In averting fiscal -- tax hikes turns out we are scared of the fiscal cliff we're closing our -- as a result.

Bankrate says a third of Americans surveyed have cut back on personal spending.

Because of worries about the fiscal -- those most likely to cut back -- consumers with incomes under 30000 dollars.

And those over age 65.

Looks like a frantic start to the holiday shopping season ended pretty quickly shopper track says holiday sales will rise in half percent.

But that's down from a previous forecast of 3.3 percent the -- to respond sandy.

And heavily discounted merchandise.

Keep in mind most analysts say the Saturday before Christmas of two days from now he's a -- -- -- one of the biggest of the year.

And a win for Michigan General Motors will make its next generation Chevrolet Camaro expected to hit dealerships in early 2016.

In Lansing Michigan.

That's where -- already pretty similar rear wheel drive systems for cadillacs.

That's business and while I'm content foxbusiness.com.

In New York online -- -- --