“Modern tyranny is terror management. When the terrorist attack comes, remember that authoritarians exploit such events in order to consolidate power. The sudden disaster that requires the end of checks and balances, the dissolution of opposition parties, the suspension of freedom of expression, the right to a fair trial, and so on, is the oldest trick in the Hitlerian book. Do not fall for it.”
Timothy Snyder, On Tyranny
04 May 2016
SP 500 and NDX Futures Daily Charts
Besides the lousy and low quality earnings and the weak domestic macroeconomic news with increasing strains on the world economy as a whole, things look great if you are a member of the one percent.