13 December 2012

SP 500 and NDX Futures Daily Charts

A weakish day that saw a late hour pop off the bottom as it was announced that Boehner and Obama would meet at 5 PM today.

The economic commentary on financial television today was absurd to the point o0f being surrealistic.

Well that is moral hazard at work, and the credibility trap. Some of these financial types make the religious dominists look like Aristotle in their insularity and lack of objectivity.