"A new, invisible and at times virtual, tyranny is established, one which unilaterally and irremediably imposes its own laws and rules. Moreover, indebtedness and credit distance countries from their real economy and citizens from their real buying power. Added to this, as if it were needed, is widespread corruption and selfish fiscal evasion which have taken on worldwide dimensions. The will to power and of possession has become limitless."
Francis I, 16 May 2013
12 October 2011
SP 500 and NDX Futures Daily Charts
Thin volume 'risk on' rally as stocks faded into the close from the highs but kept some gains.
The markets are primarily eyeing the sovereign debt situation and discounting domestic results and economy, at least for now.