“Thus, it should be understood that when pro-US figures use the term, 'rules-based international order,' they are not referring to anything analogous to the rule of law. Quite the opposite, they are using Orwellian language to describe a system in which essentially no rules can be established and/or observed, given that the dominant state has the prerogative to violate and/or rewrite “rules” at its whim.” Aaron Good, American Exception
29 December 2011
SP 500 and NDX Futues Daily Charts - Quiet Days Are Good for Painting
Very light volume day, and the tape was duly painted into the year end.
The commmentary on the financial news networks is so disassociated from reality it is almost like something out of Sunset Boulevard.