There is no bigger domestic issue today than the fiscal cliff, and Morgan Housel tells investors how they should be preparing.
While Morgan believes that the fiscal cliff is a very real concern for investors everywhere, he points out that if we go over the cliff in its entirety, no party benefits. Everyone has the same motivation to solve this problem, so perhaps with those in Washington all rowing in the same direction, we'll be able to avert disaster.
The good news is that the U.S. economy has a lot of promise in the housing and energy sectors, and if the fiscal cliff can be averted, those sectors could drive another boom in the economy.
There are many different ways to play the energy sector, and our analysts have uncovered an under-the-radar company that's dominating its industry. This company is a leading provider of equipment and components used in drilling and production operations, and poised to profit in a big way from it. To get the name and detailed analysis of this company that will prosper for years to come, check out our special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.
The article How Should You Prepare for the Fiscal Cliff? originally appeared on Fool.com.
Austin Smith owns shares of Halliburton Company. Morgan Housel has no positions in the stocks mentioned above. The Motley Fool owns shares of Denbury Resources and Halliburton. Motley Fool newsletter services recommend Halliburton. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.