"A new, invisible and at times virtual, tyranny is established, one which unilaterally and irremediably imposes its own laws and rules. Moreover, indebtedness and credit distance countries from their real economy and citizens from their real buying power. Added to this, as if it were needed, is widespread corruption and selfish fiscal evasion which have taken on worldwide dimensions. The will to power and of possession has become limitless."
Francis I, 16 May 2013
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.