A product of congressional can-kicking, the fiscal cliff is a nasty combination of government spending cuts and tax hikes beginning in 2013. As with most cliffs, driving off it will hurt. And even if we survive the fall, we’ll land back in Deep Recession, that seedy, stagnant town we thought we’d left in the rear-view mirror.
“Regardless of ideology, virtually all economists agree that going over the fiscal cliff will tip us back into recession.” — Morgan Housel, explaining the fiscal cliff to readers of The Motley Fool.
So what’s an investor to do?
FinanciallyRegulated 
Proposed Finra Rule May Offend Your Mother.