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Frederick Miles
Bloomberg Television
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Comments by "Frederick Miles" (@frederickmiles8815) on "Market Bears Are Still in Charge: Fairlead's Stockton" video.
@Solairethedarksoul google plunge protection team - the liquidity is the reverse repo facility, when it dips the SPY runs. Reverse repo is a bailout of money market funds - the entire financial economy is Willie Coyote running on a cloud of smoke off a cliff; reverse repo is the cloud of smoke.
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Why is Bloomberg so sleazy? Why cant they just tell the truth - MM algo's flipped from buy to sell in order to suppress meme basket price action - and the real crash hasnt even happened yet. Reverse repo will eventually become unsustainable as the Fed's BS bleeds red - hence no QT. Fed is just the meat puppets of the oligarchs.
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What do you expect from Bloomberg - none of the talking heads understand how markets work, they are all just ugly hollywood.
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@Solairethedarksoul when the meme basket run it put a dent in that SPY 440ish targets, this nightmare cant crash fast enough - midterms be damned.
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