With national indices of happiness instead of manufactured goods, Bhutan is perhaps the world's most forward-thinking country in how it measures the ultimate health and well-being of its population. Bhutan's Gross National Happiness (GNH) index embraces economic development, environmental conservation, good governance and cultural priorities.
Growth has lifted humanity from the caves to the cities and given us civilization. Yet today it is scapegoated by its critics for causing many societal ills. Growth's critics rightfully sound the alarm on environmental and social problems. But their criticism of growth misses the real issues of poor policy and misguided public values.
We have, essentially, a 3-day week this week and don't expect people to stick around on Wednesday either and Friday being a half-day is a joke as it's dead as a doornail on Thanksgiving Fridays. Overall trading with be thin, which means all market action should be taken with a grain of salt and, unfortunately, we get revised GDP tomorrow morning -- which is very important.