After plunging early in the week over fears that the United States might default on its debts, stocks rallied Thursday and Friday after House Republicans showed a willingness to temporarily extend the debt ceiling for six weeks.
Investors clearly were cheered by the prospect that negotiations had begun.
But even if a deal is reached along those lines, it would be a temporary reprieve. Investors would endure six more weeks of uncertainty over whether lawmakers will push the country into default.
"It means it will be a rough Thanksgiving," said James Hardesty, chairman of Hardesty Capital Management in Baltimore.
Investors have been here before, two years...