What else is new in the world of finance? The European Union continues to struggle with its debt crisis, debt contagion is spreading like a wildfire in the dry forest. The U.S. politicians have still not reached a debt ceiling resolution. The S&P 500 Index e-mini futures (ES U1) are trading sharply lower ahead of the opening bell. Traders and investors simply have very little certainty in the markets. It would be better for the markets to simply know that the U.S. debt ceiling will not be raised then to go through all of these shenanigans by the politicians. The markets will adjust to any news, they always do.
