Monday, March 12, 2012

SP 500 and NDX Futures Daily Charts - Holding the Paper Flows Steady



VIX is signaling a rather complacent market, which is remarkable given the Greek credit event and all that it implies.

The US economy is stagnating, or should I say, 'stagflating.'

The growth in the economy is being captured by a very small minority of market participants, which is impeding any attempts at stimulus. Austerity is even worse, so there is the standoff.

Without genuine reform,

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