“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
23 June 2015
SP 500 and NDX Futures Daily Charts
The wash cycle looks almost done.
But it would not do to set a lower high, and they have some room left overhead.
The wheels are not quite falling off the economy yet. But they seem to be on their way.
Let's see how many spins the old gal has left before the next rinse