Stocks went sideways today on very lackluster trading ahead of the Non-Fulltime Payrolls Report tomorrow.
To paraphrase Charles Dickens' Mr. Brownlow, the Fed is an ass.
Have a pleasant evening.
"Where such a shift in power is in favor of the governing elite, Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse. Most state sponsored murder occurs under the cover of war, revolution, or guerrilla war, or in their aftermath."
R. J. Rummel