Expect more financial regulatory changes, Schwab executives suggested Thursday -- and be wary of a new recession if Congress and the new administration dont take steps to keep the country from going all the way over the so-called fiscal cliff.
If we end up going completely off the cliff" raising taxes while reducing federal spending comprehensively at the same time "there is not enough cushion to prevent a recession," cautioned Schwabs chief investment strategist, Liz Ann Sonders.
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