Smidiríní:

A few articles that caught my eye yesterday and today when the S&P 500 crossed the 2000 level for the first time ever!

XX Committee:  War and the (Islamic) State:  {Others are starting to openly talk about the fact that the President seems to have checked out.}

"It is difficult to escape the suspicion that the president is tired of the hard job of being Commander-in-Chief. Certainly his public comments on the Islamic State lack the dire tone emanating from some senior administration officials. This week, Defense Secretary Chuck Hagel spoke of IS in alarming terms as a threat “beyond anything that we’ve seen…They’re beyond just a terrorist group.” General Martin Dempsey, DoD’s military head, stated that IS possesses an “apocalyptic, end-of-days strategic vision” and the group “will eventually have to be defeated.” It’s an open secret in the Pentagon that such blunt statements reflect widespread concerns in DoD and the IC that President Obama is not taking the current threat seriously enough."

Politico.com:  "Pitchforks are Coming":  {The glaring discrepancy between the relatively few wealthy and the poor are starting to be more openly discussed amongst the 1%!  This is a great and honest read and I'd strongly encourage you to take a few minutes with this article.}

"If we don’t do something to fix the glaring inequities in this economy, the pitchforks are going to come for us. No society can sustain this kind of rising inequality. In fact, there is no example in human history where wealth accumulated like this and the pitchforks didn’t eventually come out. You show me a highly unequal society, and I will show you a police state. Or an uprising. There are no counterexamples. None. It’s not if, it’s when."

From the "Things are Getting Better Department":  BusinessInsider.com:  "Durable Goods Orders Surge by a Record 22% in July".
Finally from Yahoo Finance:  "Common Financial Myths".

*Long ETFs related to the S&P 500 in client and personal accounts although positions can change at any time.