Tag Archives: plunge protection team

Stock Market and the Inauguration

Regardless of what happens on inauguration day, there will be a huge effort to rally the stock market big time. That is the standard mode of operation with respect to potentially big days bad or good. Expect massive intervention. If … Continue reading

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Cement Floor and the Plunge Protection Team

I started writing about organized support of the stock market as far back as October 2005. Back in 2006 Henry Paulson, as the county’s first activist Treasury Secretary, re-popularized the Plunge Protection Team concept but more than anything gave it … Continue reading

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Gaming the Federal Reserve

I am the only economist in the world who treats the Federal Reserve strictly as a political body carrying out political agendas. The Federal Reserve Open Market Committee has decided for now not to raise interest rates. The Fed is … Continue reading

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