Stocks took off like scalded cats running higher this morning as the economic news in the US came in 'better than expected.'
As a reminder this is an FOMC week, and a stock option expiry.
Our hypocrisy knows no bounds.
“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