05 March 2015

SP 500 and NDX Futures Daily Charts - Killing Floor Blues

"We have sort of become a nation of whiners. You just hear this constant whining, complaining about a loss of competitiveness, America in decline despite a major export boom that is the primary reason that growth continues in the economy."

Phil Gramm, 11 July 2008

"Charles Munger, the billionaire vice chairman of Berkshire Hathaway Inc., defended the U.S. financial-company rescues of 2008 and told students that people in economic distress should 'suck it in and cope.'"

Bloomberg, Sept 20, 2010
There is no recovery.
There has been no genuine reform.
There is another asset bubble.
The careless few are doing very well, and do not care.
Have a pleasant evening.