“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
09 July 2013
SP 500 and NDX Futures Daily Charts - Drift Higher On Continuing Light Volume
It was a day thin on real economic news.
Drift higher on light volume seems to be the order of the day as we wend our way through another earnings season.
Benny speaks tomorrow, Fed minutes as well. That may move the market.