“I have my own theory and it lies in the political realm.”
AHA!! You must mean that secret group of people who in dire times and huge mkt selloffs buy equities for especially set up entities in order to create momentum in the market.
The legendary “Plunge Protection Team”
Right?
Wrong.
Although, there were some interesting rumors about “Operator 130” on the GS desk around 12-13 years ago...
Just rumors though. Fed intervention in the equity markets violates their charter after all.