“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
05 May 2016
SP 500 and NDX Futures Daily Charts
The economic news this week has been rather poor.
The global economy peaked in 2013 and has been in a gradual but steady decline ever since.