PPT has evolved.
For old time market traders, that stood for what was believed to be the Plunge Protection Team.
My feeling has been the market no longer reflects any economic reality.
The market has simply become a parking lot for money that is for people who have a lot of money.
I’m not sure where the money taken out will go as the US economy as unstable as it is, is more stable than the alternatives.
Out of entertainment and speculative stocks into stocks of companies that surge during conflicts.