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.
“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead