The Commies pumped their state owned banks and financials full of Chinese taxpayer money, buying up all their shares during the close of their markets. It had been crashing steadily all night. Perhaps that is what is causing the lemming like reaction in our market today? But then China also released new data showing their imports and exports are even worse than predicted.
Our markets also seem to show this late-stage ramping up pattern, actually matching the markets in China very well which we know has state manipulation, which makes me wonder whether the US also has its own “plunge protection team” working to skew our perspective of the economy.
You wonder about the PPT?
They start their job at about 10:30 AM and quit about 2:45
By 3:45 their lights are out
Watch the market