The deficit super committee discussions may be tortured, but your trading strategy can be simple, says this strategist.
The Congressional deficit super committee has to reach a deal by tonight if it is to happen, and so far things aren't looking good. Andrew Busch, global currency and public policy strategist for BMO Capital. lays it out in three scenarios. "We're looking at a nice, easy playbook on this," he told CNBC's Melissa Lee.
Busch calls his first outcome "go big or go home" — a bipartisan deal for more than $2 trillion. His second scenario is completion of a $1.2 trillion deal, and his third is no deal, with automatic cuts to follow.