The market is holding its breath waiting to see what Zimbabwe Ben will say at Jackson Hole on Friday.
Stocks have diverged significantly higher from commodities and the euro. Something's going to change to restore the correlations.
"Seneca had made the bargain that many good men have made when agreeing to aid bad regimes. Their presence strengthens the regime and helps it endure. But their moral influence may also improve the regime's behavior or save the lives of its enemies. For many, this has been a bargain worth making, even if it has cost them their immortal soul. The Rome he has been trained to serve, of Augustus and Germanicus, was gone. In its place stood Neropolis, ruled by a megalomaniac brat.” James Romm