Late day rally after week NY Fed Empire report this morning.
Trading is thin for the holiday season already. Shenanigans abound.
"Art enables us to find ourselves and lose ourselves at the same time. The mind that responds to the intellectual and spiritual values that lie hidden in a poem, a painting, or a piece of music, discovers a spiritual vitality that lifts it above itself, takes it out of itself, and makes it present to itself on a level of being that it did not know it could ever achieve." Thomas Merton (the Greek principle of ἔκστασις, ekstasis, ex stasis, ecstasy, a lifting out of oneself)
The Banks must be restrained, and the financial system reformed, with balance restored to the economy, before there can be any sustainable recovery."There is a vision to remake the world's economy according to the neo-liberal agenda, and to rule it with an 'iron rod' and the US dollar. It would be under the control, described as benevolent guidance, of an oligarchy of the self-proclaimed wisest and most powerful of the multinational elite. The key goal now is to subdue any effective competition, and to gain the full cooperation of the other major powers. They are now testing their model of a confederation of nations under central control in Europe."