Tomorrow is the State of the Union.
This week is stock options expiration.
"Inequality is what has turned Washington into a protection racket for the one percent. It buys all those goodies from government: Tax breaks and Tax havens. Why is it not corruption when the selling of access to our public officials upends the very core of representative government? When money talks and you have none, how can you believe in democracy? Sad, that it’s come to this. The drift toward oligarchy...has become a mad dash. It will overrun us, unless we stop it." Bill Moyers
The Banks must be restrained, and the financial system reformed, with balance restored to the economy, before there can be any sustainable recovery.
Welcome to Jesse's Café Américain - These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is from learning by my mistakes, which are many. As a standing policy I never provide individual investment advice to anyone. I will only occasionally disclose my personal positions for purposes of illustration. Understand that my own circumstances could differ greatly from your own, and therefore what is suitable for me may not be suitable for you. My comments are intended to be reflection on general macro financial and economic events and trends.