Equities were a bit wobbly today, pulling back from yesterday's new high, despite the 'better than expected' economic news this morning with a strong Philly Fed.
Let's see if the bulls can dip into their pockets and push the markets a little higher.
“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