This was the sixth week of gains on the SP 500 as VIX slumped near the yearly low.
The perception is set that Janet Yellen will maintain an exceptionally accommodative policy at the FOMC.
Have a pleasant weekend.
“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