It's all about the MARKETS stupid - Must ... keep ... illusion ... alive. What have we said here daily for years!
"In other words, QE's greatest benefit is as a plunge protection team mechanism for markets... not the economy"
And don't forget - the PPT - ya that PPT - it does not exist. It's not real. Conspiracy theory. Not real. Move along sheeple.
On to the lie -
ECB - unch
SPX 30m - Updated! Price is under busted rising wedge support. All sorts of short term possibilities - channels, IHnS, triangles - the whole pot. They are doing all they can to save 2120 and keep price (the illusion) up.
Freedom watch -
Just to fubar to go into this morning. Corruption everywhere and expanding worse than a killer virus.
More to come below.
Have a good day.
GL and GB!