The Fed Was Never Really In Control????
The Fed has proven it does not control the stock market.
The Fed has proven it does not control currencies.
The Fed has proven it does not control rates.
Is the Fed really in control?
This idea was discussed in more depth with members of my private investing community, The Market Pinball Wizard.
There are certain perspectives that are so ubiquitous that it would be considered blasphemous to ever oppose them. Two of the most common are thatfundamentals direct the stock marketand thatyou cannot fight the Fed.
While I have provided muchevidence and explanationas to why the former is a falsehood, allow me to provide you proof that central banks are not in control as much as many seem to believe.
In fact, we often hear discussions about the PPT – the Plunge Protection Team. So, what is this “Team?”
After the market crash…
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