Global Money Trends

Staying on Top of Volatile Global Markets

Plunge Protection Team Engineers powerful QQQ Rally

Dec 30, 2018

Plunge Protection Team Intervenes to prevent Slide into Bear market Territory

    The trading desk that controls the fate of the US-economy is located on the 9th floor of 33 Liberty Street, also known as the home New York Fed. From a trading desk cluster at this location, the uber-secretive “Plunge Protection Team,” <PPT> directs the vast money machine at its disposal to determine the daily level of interest rates, and the…

Dec 28, 2018

Biggest One day Rallies in Dow Industrials in Q’4 of 2008 fizzled and flopped

     Wall Street notched its best day in 10 years on December 26, giving some post-Christmas cheer to a market that has otherwise been battered this December. The Dow Jones Industrial index jumped more than +1,000 points higher – its biggest point-gain ever — rising nearly +5% and S&P 500 index also gained +5%. The technology heavy Nasdaq led the way…

Dec 27, 2018