Hurricane Sandy – Does it help our economy to rebuild? The Broken window fallacy is a short video explaining how the press spins the Hurricane into a stimulus for the economy. Hurricane Sandy isn’t a benefit to the economy, it just keeps the real demand for goods and services tight as income shifts to cover…
Monday Morning – S&P500 emini futures opens weak with no commitment on either side of the market. Buyers didn’t show up for this overnight session on the emini and sellers consolidated the market down to support at 1448. The S&P500 emini future is consolidating in a narrow range from 1448 to 1452. No news until…
Dollar Index Euro and us markets running in opposite directions as Fed Feather reports and traders come back from holidays. The Dollar index Euro and US markets are in a complete disconnect from normal trading patters. As the S&P500 emini futures has breached the 1400 psychological ceiling and has been holding it as support we…
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