Fiscal cliff be damned: investments go on

Bob Browne, Chicago-based CIO at Northern Trust Global Investors, predicts that in a year from now we’ll all be talking about low interest rates, but that the US ‘fiscal cliff’ currently stalking market sentiment will hardly be remembered. Not because American politicians will make a last-minute December deal to avoid austerity moves, but because long-term investors won’t be affected by it. “Come January 1 [2013] it’s still going to be a mess in Washington,” Browne says. Over th…