Loading ...Greenspan worked out how if he had the scum traders move the mkts, exactly as he was talking, he would look real smart, which is why they all hailed him as a genius when he retired, when in fact he was a hack economist, who wrote one article about Gold, that Reagan thought was good…so gave him the job……
now it’s just business that whenever Powell is on show, or any Fed speaker, the Rig makes sure the mkts react accordingly…..hence ystdy;s debacle…take away that selling and suddenly there is damn all around and we run like today.