I'm just a dumb guy reading the internet but it's obvious that these days the fundamentals of a given stock, industry or commodity are farther down the list of value criteria than they used to be.
While that sure sounds good, for months now we've simply not had any "exaggerating short-term price moves".
imho the only reason he can get away w/ saying that there was is becuase most readers just love to blame workers in the finance sector for all kinds of problems --real and imagined.