Fed ‘plunge protection team’ desperately trying to prevent stock market crash before mid-term elections
by: J. D. Heyes
NaturalNews.com
Monday, October 27, 2014
In recent days, the stock market has been like an economic roller coaster, rising one day before falling — dramatically — the next. And on those down days, the market often seems as though it has slipped into a free-fall, dropping hundreds of points in just a few hours.
Only to rise again before the final bell.
How is that possible? According to John Crudele of the New York Post, it’s only possible through government intervention aimed at stemming losses and, most likely, to shore up confidence in a) the U.S. economy; and b) the leaders (elected and unelected) who are running it:
Mysterious forces were trying their best, but they couldn’t keep the stock market from swooning [on a recent day].
They failed in the morning, despite massive purchases of stock index futures contracts. Within minutes of the market’s opening, the Dow Jones industrial average was down 350 points. Later in the day — after a lot of shocking ebb and flow — the Dow bottomed out with a decline of 460 points.
Only in the final hour of the trading day, Crudele notes, did “market saviors” achieve a modicum of success, trimming the losses to just 173 points at the final bell. And then, they only succeeded after Federal Reserve Chairman Janet Yellen’s private, but upbeat, remarks about the economy were leaked to the media.
“Welcome to a new kind of stock market — one that the average investor should refuse to be invested in,” he wrote.
The Rest…HERE
