Jesse's Café Américain: SP 500 and NDX Futures Daily Charts - Edging Fitfully Towards Option Expiration

Jesse's Café Américain

“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

13 June 2012

SP 500 and NDX Futures Daily Charts - Edging Fitfully Towards Option Expiration

If you listened to the financial news today and the comments about Jamie Dimon's appearance before the Senate you would think that the financial crisis and bailouts had never occurred.

And that is what they call 'moral hazard' and why it will happen again. All of it.

Jesse at 4:01 PM

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Jesse

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