SP 500 and NDX Futures Daily Charts - Much Ado About Nothing

“The boom, not the slump, is the right time for austerity at the Treasury.”

John Maynard Keynes, 1937

Light volumes and the markets were in the profit-taking mood on the back of JPM's slam on metals.

Anyone who was surprised in the least by the Super-Committee's inability to reach a deal should not be allowed to roam about without a chaperone, as they might hurt themselves.

The whole point