'Monetary’ Cliff, Not Just ‘Fiscal’, to Hit US Next Year Too: Goldman Sachs

cnbc.com — After reading so much about the dreaded "Fiscal Cliff" these days, market participants can add another term to their fear lexicon thanks to Goldman Sachs: the "Monetary Cliff." On Wednesday, the Federal Reserve extended its so-called Operation Twist program (selling short-term Treasuries and using the proceeds to buy long-term Treasuries) to the end of this year.
No more cliffs! RT @cnbcfastmoney: 'Monetary’ Cliff, Not Just ‘Fiscal’, to Hit US Next Year Too: Goldman Sachs t.co/Oj67mJZb