Tag Archives: Plunge Protection Team

The Plunge Protection Team Is Playing for All the Marbles

The current stocks/bonds game is for all the marbles, by which I mean the status quo now depends on valuations and interest rates remaining near their current levels for the system to function. If interest rates soar and/or stocks plummet, the … Continue reading

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Plunge Protection Teams of the World, Unite!

Central bankers are watching Marx’s dictum all that is solid melts into air play out in global stock markets with a terror informed by the scalding memories of 2008’s global financial meltdown. Once the trap-door opens, there is no bottom … Continue reading

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