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Are Markets Faced with a Fiscal Cliffhanger?

Thursday, 31 May 2012 | 10:35 AM ET

CNBC's Steve Liesman breaks down this morning's economic data on GDP, jobless claims, and the ADP numbers. Ethan Harris, BofA Merrill Lynch Global Research and John Lonski, Moody's Capital Markets Research Group, discuss the impact of weak economic data on the markets, ahead of Friday's jobs report.