Article Image
IPFS News Link • Economy - Economics USA

Denninger on Yesterday's Plunge: You Need a Lobotomy If

If you had any doubt about what I have been talking about during this entire ramp job off 666 - that the so-called "bull market" was in fact not much more than a handful of institutions buying shares with free Fed money and passing them between one another hoping to distribute them to you - you should be thoroughly disabused of your skepticism after yesterday.