Every empire in its official discourse has said it is not like the others, that its circumstances are special, that it has a mission to enlighten, civilize, bring order and democracy, and that it uses force only as a last resort. And, sadder still, there always is a chorus of willing intellectuals to say calming words about benign or altruistic empires, as if one shouldn't one's eyes watching the destruction and the misery and death brought by the latest 'mission civilisatrice.' Edward W. Said
04 May 2012
SP 500 and NDX Futures Daily Charts
As you have probably heard, the Non-Farm Payrolls report came in quite a bit light at 115,000 against the consensus number of 160,000.
The next move in the equity indices will be rather important.