+- +-

+-User

Welcome, Guest.
Please login or register.
 
 
 
Forgot your password?

+-Stats ezBlock

Members
Total Members: 46
Latest: Tony Ryan
New This Month: 0
New This Week: 0
New Today: 0
Stats
Total Posts: 12398
Total Topics: 258
Most Online Today: 3
Most Online Ever: 137
(April 21, 2019, 04:54:01 am)
Users Online
Members: 0
Guests: 0
Total: 0

Author Topic: Money  (Read 6383 times)

0 Members and 0 Guests are viewing this topic.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 24095
  • Location: Colchester, Vermont
    • Renwable Revolution
Re: Money
« Reply #480 on: December 10, 2018, 12:29:57 pm »
by Tyler Durden Mon, 12/10/2018

Nasdaq Plunges Into Red For 2018 - Worst Year In A Decade

  Truth filled comments:

LawsofPhysics
LOL! Talking about "prices" in the absence of a mechanism for true price discovery is a fool's errand.

Everyone has been admitting for 10+ years now that the world's "markets" are being managed by central banks and the financier/ownership class!!!!

there is no "market" for ****'s sake, stop pretending there is.

Place you damn bets, but stop being such disingenuous ***** and talking your books/bets.

nonutn
DJ was down over 500 and recovered some. PPT to the rescue.

CashMcCall
Trump : "The stock market loves my trade economic policies"

2018 Worst performing stock markets in a decade.  ;D


Rapunzal
It’s all planned by the ruling class, our banking elites. They will use the FED and Trumps “Trade Wars” as an excuse. As expected. All a show until it isn’t.

NoDebt
You mean to tell me that an index loaded to the brim with negative-profit, negative-cashflow companies trading at div/0 PE levels based on a slick story about future billions in profits, a strategy that failed spectacularly in 2001, would suffer larger declines when the **** hits the fan than other indexes?

Get the **** outta here.  No way.

     Buzzsaw99

     ...and completely dependent upon chinese slave labor which is now becoming wildly unpopular on all fronts in the
     usa.


Bokenrijder
Quote
Who could have seen that coming?

I can see the PPT & a Powell-Put standing by to save the day/year.

     Cash is King
     With Pres. Trump 🦀 breaking Powell’s balls publicly I can imagine he might be a bit slow to take the call.

     The day PT  took credit for this market (after calling it a huge bubble while running) I knew that was going to be the end of his run.

           Swmnguy
            Yep.

            Candidate Trump, the early version, I found interesting other than the pandering to racists.  He actually said
            something that needed to be said and are verboten in official US politics.

            Late-campaign Candidate Trump, and all of President Trump, has been utterly worthless.  It's been the
            intellectual bankruptcy of the very dumbest or most-cynical Republicans, tied to the moral bankruptcy and
            utter lack of mental discipline of Donald Trump.

            Even by modern US standards, that's a fetid concoction.

Agelbert NOTE: If you do not know what the abbreviation, "PPT", stands for, you do not understand how the stock markets in the USA have been RIGGED since 1987. Here's a brief summary:

Quote
Plunge Protection Team - PPT

REVIEWED BY INVESTOPEDIA STAFF   Updated Mar 11, 2018

DEFINITION of Plunge Protection Team - PPT

The "Plunge Protection Team" (PPT) is a colloquial name given to the Working Group on Financial Markets. The PPT was originally created to provide financial and economic recommendations in the wake of turbulent market times. Members of the team are the Secretary of the Treasury, the Chairman of the Board of Governors of the Federal Reserve, the Chairman of the Securities and Exchange Commission and the Chairman of the Commodity Futures Trading Commission.


BREAKING DOWN Plunge Protection Team - PPT

The name PPT was coined by The Washington Post in 1997. Although the team had a viable purpose when initially created, conspiracy theorists suspected that the team was created to shore up, or even manipulate, the markets. Some suspected that the team could executing trades on several exchanges and manipulate the markets when they were heading downward. The team was believed to collaborate only with big banks such as Goldman Sachs and Morgan Stanley, to report only to the President, and to keep no records of trades.


The Creation of the Plunge Protection Team

In 1989, the then President, Ronald Reagan, created the President’s Working Group on Financial Markets after two stressful events, the stock market crash in 1987 and the near-crash in 1989. The group acted as an advisory group on the markets for the president and regulators. However, others suspected the group to be capable of more nefarious activity and possibly capable of rigging the stock market in turbulent times. This theory was further strengthened when Robert Heller, a former governor of the Federal Reserve, gave a speech confirming suspicions surrounding the working group.

The Plunge Protection Team at Work?

On Monday February 5, 2018, the Dow Jones experienced a drop that was twice as large as its biggest point decline in history. However, arbitrary and aggressive buying cut the decline in half in one day. On the Tuesday and Wednesday of that week, stocks opened lower, and each time aggressive buying buoyed the markets. Heller suggested that the Federal Reserve purchased stock index futures contracts to stop a market collapse. He also believes that because the Fed already rigs the bond market through securities purchases, the stock market is easy to control.


Similar activity was noted during the financial crisis of 2007 and 2008 when telephone calls between then-Treasury Secretary Hank Paulson and Wall Street actors were recorded on days when the stock market was tanking and a downward spiral required reversal.

Since the financial crisis of 2007 and 2008, many countries overtly rig their stock markets including Japan and China. This type of activity can be effective in the short term,
but if equities markets are artificially inflated, the bubble will eventually burst.

https://www.investopedia.com/terms/p/plunge-protection-team.asp


This poor man cried, and the Lord heard him, and saved him out of all his troubles.. -- Psalm 34:6

 

+-Recent Topics

Flight by AGelbert
June 25, 2019, 06:31:09 pm

Electric Vehicles by AGelbert
June 25, 2019, 03:49:23 pm

Doomstead Diner Daily by AGelbert
June 25, 2019, 02:55:12 pm

Global Warming is WITH US by AGelbert
June 25, 2019, 02:18:09 pm

Human Life is Fragile but EVERY Life is Valuable by AGelbert
June 25, 2019, 01:24:48 pm

War Provocations and Peace Actions by AGelbert
June 24, 2019, 06:54:51 pm

End Times according to the Judeo Christian Bible by AGelbert
June 24, 2019, 02:48:16 pm

The lowest elevation fresh water lake in the world, the Sea of Galilee, is DRYING UP by AGelbert
June 24, 2019, 02:20:05 pm

The Big Picture of Renewable Energy Growth by AGelbert
June 23, 2019, 06:28:48 pm

U.S. History & Politics, Climate Change, Trump Impeachment & Standing Rock: CONTEXT by AGelbert
June 23, 2019, 05:11:37 pm