Magnificent CME - August 2012

The Day the Earth (Almost) Stood Still

| Radiation | 2 Comments

Where were you on 23 July 2012? It was likely just another day in a long hot summer in the northern hemisphere that has long faded in memory. The 2012 election campaign was shifting into high gear. President Obama was in Aurora, Colorado consoling families of victims of the largest mass shooting in U.S. history at a movie theater the Friday night before. Mitt Romney was at a fundraiser in San Francisco striking a somber tone. The entire nation was embroiled in a national debate on gun control. Japanese stock futures fell. Moody’s cut Germany’s economic outlook. The New York Yankees acquired outfielder Ichiro Suzuki from the Seattle Mariners. Syria claimed no chemical weapons were used against insurgents. Bond yields fell to record levels as stocks and the Euro slid amid rising debt. Ninety-three million miles away a drama of…

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