"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
19 August 2013
SP 500 and NDX Futures Daily Charts - Lowest Volume August In Ten Years
The trading has been almost entirely technical today with the momentum traders following algos around the track.
I suspect most of the adults are on their summer vacation this week.
FOMC minutes is the highlight of the economic news on Wednesday.