This is the biggest three ring snake oil, medecine man, three ring circus I have ever seen.
What time does the next show come on ?
This sure does look like some kind of coordinated push to keep the market up. Maybe they are afraid that the 1/2 point cut in rates sent people the right message. You don't cut rates that much if there is evidence of an economic recovery. Today's dog and pony show by the FED and the largest tech firms is just more Wall Street flim flam to keep people believing in the illusion of paper assets and an economic recovery.
Richard W.
Richard W.