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S&P 500 Futures - Jun 24

CME
Currency in USD
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5,305.50
-2.75(-0.05%)
Delayed Data

S&P 500 Futures Discussions

and I don\'t know if the Fed can raise rates in Dec. very questionable because even a slight raise in rates will become an enormous burden on US debt interest payments. With the current size of US debt, rate increase is very dangerous and I think the Fed knows that too. But the Fed is in a tough situation because economic deterioration is coming with collapse of middle class and long term global recession. Unfortunately too, that I believe we\'ll lose our democracy as a result of this eventually.
this is the very reason I criticize Obama so much. Bush was terrible and I think everyone (maybe exception to few) agree, but what makes me mad about Obama is that he campaigned on helping the middle class and created a monster (obamacare) to eliminate middle classes.
History is just repeating. We never learn from the past.
only if the Government can restore the middle class.. but as long as wealthy controls the Govt, it will never happen. I give some credit to Roosevelt for recreating middle class though.
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