"We cannot expect that all nations will adopt like systems — for conformity is the jailer of freedom, and the enemy of growth. But however close we sometimes seem to that dark and final abyss, let no man of peace and freedom despair. For he does not stand alone. If we all can persevere, if we look beyond our own shores and ambitions, then surely the age will dawn in which the strong are just and the weak secure and the peace preserved." John F Kennedy, Address to U.N., September 25, 1961
03 January 2013
SP 500 and NDX Futures Daily Charts
Non-Farm Payrolls tomorrow.
The FOMC minutes suggested that some of the Fed board think they can cut back on QE in 2013.
Well they can, but it won't be because the economy has recovered.