Syria backed down and will reveal locations of their chemical weapons stockpiles and will also stop making new ones in an effort to avoid military strikes against them. Its peace on earth and love to all mankind for now. Markets steaming ahead until the next hurdle, which ironically enough would be upbeat worldwide economic data and recovery. Funny how the word 'tapering' wasn't mentioned recently. Want to bet it will pop up before the end of this week? It almost seems humans flourish on drama and a constant need to be in flux.
Healthcare, insurance and household goods had a good day yesterday, KGMedia, Steinhoff, Mondi, Aspen, Afrimat & Naspers (R902.50) all made new highs
Oil retreating as expected, Asia mixed, IGMT40 +115, VIX -7.0%, Moons F&G at 43 Fear, same as a month ago - just a reminder last week we were at 17 Extreme Fear.