Stocks continued levitating today, lifted higher by 'buy programs' grinding the stocks futures higher, led by the SP 500.
This is right out of Robert Rubin's playbook when he was Treasury Secretary.
The difference is that he was engaging in a wrong-headed attempt to limit the collateral damage from a financial crisis.
In this case it is a monument to ego and lawlessness. And it will result in a bone-cracking market collapse.
VIX is now firmly in complacent territory.
Gold and silver were shaved back a little. Just the perks of being a part of an epic control fraud.
Have a pleasant evening.
Comments
Log in or sign up to join the conversation.