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Non-Cattle Specific Topics
Coffee Shop
Anyone moving money to bonds ?
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<blockquote data-quote="TexasRancher" data-source="post: 1793759" data-attributes="member: 8359"><p>The economists or media (some are hilarious in their insight predictions) haven't kept the markets stable...it's our FEDs trading desk friend the "Plunge Protection Team" PPT with open book funds to buy and buy everything....I believe the PPT is a programmed entity...they put in a % or a Dow,S&P/Nasdax figure and it goes out and buys until it reaches..props up the market to that number/% automatically. They really can pull rabbits out of their hat...for decades (two decades done successfully)...it remains to be seen if they can do it for 1/2 a century.</p></blockquote><p></p>
[QUOTE="TexasRancher, post: 1793759, member: 8359"] The economists or media (some are hilarious in their insight predictions) haven't kept the markets stable...it's our FEDs trading desk friend the "Plunge Protection Team" PPT with open book funds to buy and buy everything....I believe the PPT is a programmed entity...they put in a % or a Dow,S&P/Nasdax figure and it goes out and buys until it reaches..props up the market to that number/% automatically. They really can pull rabbits out of their hat...for decades (two decades done successfully)...it remains to be seen if they can do it for 1/2 a century. [/QUOTE]
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Anyone moving money to bonds ?
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