Stocks have been volatile since the election, rising and falling as investors try to read the tea leaves on progress in addressing the fiscal cliff. But there’s a growing tone of compromise in the air, even from the financial sector.
“We defer to the president, Congress, and the political process to determine exactly how to address these difficult issues,’’ State Street Corp. chief executive Jay Hooley said in a statement. Overall, he said he would “support a balanced approach, and believe both budget cuts and revenue increases will necessarily be part of the ultimate solution.”
Robert Weisman of the Globe staff contributed to this report. Beth Healy can be reached at email@example.com.