In the following video, Motley Fool analysts Morgan Housel and Matt Koppenheffer discuss some potential ramifications of the fiscal cliff. Since a significant portion of the U.S. national debt is owned by big banks, they stand to lose a lot of money if the fiscal cliff causes interest rates to rise, a scenario that many think may occur. Morgan, however, points to some recent U.S. history that may suggest that quite the opposite is possible.
Many investors are scared about investing in big banking stocks after the crash, but the sector has one notable standout. In a sea of mismanaged and dangerous peers, it's The Only Big Bank Built to Last. You can uncover the top pick that both we and Warren Buffett love today in our new report. It's free, so click here to access it now.
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