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.
“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