“Mass propaganda discovered that its audience was ready at all times to believe the worst, no matter how absurd, and did not particularly object to being deceived because it held every statement to be a lie anyhow.”
Hannah Arendt, The Origins of Totalitarianism
17 December 2014
SP 500 and NDX Futures Daily Charts - Easy as She Goes
The markets are continuing their bounce off support today, after the Fed did little except move their lips a little in their last statement for 2014.
They will be 'patient' and I imagine they expect that you will be too.
The charts will be updated with the remainder of today's action tomorrow.
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Need Little - Want Less - Love More
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.