Skip to Content
US Videos

Tannenbaum: Don't Get Alarmed by Fiscal Cliff Headlines

Any deal to avert the fiscal cliff will modestly hit the economy, but legislators won't allow the worst-case scenario--and subsequent recession--to happen, says Northern Trust chief economist Carl Tannenbaum.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. I'm joined today by Carl Tannenbaum. He's the chief economist at Northern Trust. We're going to look at the fiscal cliff and what impact it could have on the economy. Carl, thanks so much for joining me today.

Carl Tannenbaum: It's great to be here.