“Fed To The Rescue” – The Plunge Protection Team Makes The Front Page

Friday, December 19, 2014
By Paul Martin

by Tyler Durden
ZeroHedge.com
12/19/2014

n October it was Jim Bullard’s “QE4” hint that sent the stock market on an all-time record-breaking run of gains, which no lesser institution than the central banker’s central bank – The BIS – lamented “the markets’ buoyancy hinges on central banks’ every word and deed.” And then just two days ago, The Fed did it again: by the mere appearance of grandma Yellen (and the words “patient” and “considerable”), US stocks explode to their greatest back-to-back gains in almost six years. So it is perhaps ironic that no more mainstream media publication than USA Today has finally realised, there are no fundamentals anymore…

The Rest…HERE

One Response to ““Fed To The Rescue” – The Plunge Protection Team Makes The Front Page”

  1. It is wall street corruption at it’s finest. People, get your money out of the stock market now. Buy something large such as real estate or you will lose it. The government is telling us they will back the wall street gambling and corruption with taxpayer and depositors money. This is extremely unfair and illegal, they are criminals. We want no part of it, we are not being forced to gamble with our retirement or forced to donate our deposit/savings to white collar criminals(wall street). Greed and corruption american style.

    #558874

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