19 December 2013

SP 500 and NDX Futures Daily Charts - Gresham's Law of Morality

"Our government... teaches the whole people by its example. If the government becomes the lawbreaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy."

Louis D. Brandeis

Stocks paused today as the unemployment claims number came in much higher than expected.

The Recovery™ is doing well for the corporations, the new ubermenchen.

It is all the carbon life forms that are causing the problems for the economy. 

Speaking of setting a bad example, a Microsoft Exec who has been charged with insider trading says he did it, even though he knew it was wrong, because Congress does it.

Have a pleasant evening.