"Quite a lot of what passes itself off as dialogue about our society consists of people trying to justify their own choices. Let me propose that if your beliefs or convictions matter more to you than people—if they require you to act as though you were a worse person than you are—you may have lost perspective."
Timothy Kreider, We Learn Nothing, 2012
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.