Congressional leaders are scheduled to meet at the White House today for

Congressional leaders are scheduled to meet at the White House today for last minute talks over the fiscal cliff. At this point, it’s probably safe to assume that nothing in the way of a significant fix to the impending economic doom is within reach. Perhaps we could have assumed that a long time ago but hope is a powerful concept. Nonetheless, the talks in Washington remain a focal point as the year draws to a close. Chicago PMI and pending home sales are the only economic reports on tap for today. The precious complex is starting the day in negative territory and with few market participants it could be a choppy trading session. Have a great weekend!