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