S&P futures are now over 15 points off the day's highs, as it seems equity investors were hoping for a Cumbaya moment after the White House meeting today. However, as Bloomberg reports, •*BOEHNER LEAVES OBAMA MEETING WITHOUT SPEAKING TO REPORTERS •*REPUBLICANS LEAVE WHITE HOUSE WITHOUT MAKING STATEMENT •*OBAMA REJECTS REPUBLICAN PROPOSAL FOR SHORT-TERM PLAN: NYT It would seem that Obama's "unconditional surrender or default" position has merely placed the pressure to act back on Boehner's shoulders.
