Hey! I asked you a question first ;-)
...Central Banks around the world are buying S&P futures contracts, why would you imagine that the largest central bank in the world - the Federal Reserve - is not doing the same? ...the Fed trades through major investment banks around the world. They do not disclose their work.
--and if there are no disclosures then please share how you know they're doing it?
...I asked you a question first...
Ah. My question was rhetorical; the point was that either the Fed's buying common stock to prop up the indexes or they're not. We agree that they're not reporting any such trades, so that means the only way the Fed could make the trades would be by being sooooo sneaky that the brokers that handle the trades wouldn't even know about it much less their customers who sold the shares or the corporations that have ended up with new voting members or the SEC that collected the trading fees--
It gets so hard to believe that it becomes less credible than tin-foil hats and mind-control cosmic rays. I mean, even the Czech National Bank has had to report their trades, even the Israelis. If it's too hard for the them to slip a few million under the radar then the Fed's trillion dollar portfolio would be impossible to hide.
They don't call 'em "publically traded" for nothin.