VIX had a bit of a pop today, but nothing significant yet.
There is a two day Fed meeting this week.
"Most of them became wealthy by being well connected and crooked. And they are creating a society in which they can commit hugely damaging economic crimes with impunity, and in which only children of the wealthy have the opportunity to become successful. That’s what I have a problem with. And I think most people agree with me." Charles Ferguson, Predator Nation
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."