“All governments suffer a recurring problem: power attracts pathological personalities. It is not that power corrupts but that it is magnetic to the corruptible. Such people have a tendency to become drunk on violence, a condition to which they are quickly addicted."
Frank Herbert, Chapterhouse Dune, March 1985
16 May 2016
SP 500 and NDX Futures Daily Charts - Purposeful Mispricing of Risk
The charts seem fairly clear.
The mispricing of risk continues.
The rationales for this are increasingly thin and self-serving.