Did The Dow Drop Because Biden's 'PPT' Was Activated?
Candy Matheson | Jun 22, 2021 12:25AM ET
Has President Biden's 'Plunge Protection Team' been summoned to the White House to activate measures to combat the threat of market weakness...which arose in equity markets modestly last week, as shown on the following weekly chart of the Dow?
In the grand scheme of things, this drop is a mere blip, as shown on the monthly chart below.
If true, it's too bad that Biden doesn't spend his time to micro-manage the southern border crisis that he created, instead...and allow the 'free' markets to carry on freely, without political interference.
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