Plunge Protection Team - Literally

[tsptalk]

Top Trump official calls bankers, will convene 'Plunge Protection Team'

WASHINGTON (Reuters) - U.S. President Donald Trump’s Treasury secretary called top U.S. bankers on Sunday amid an ongoing rout on Wall Street and made plans to convene a group of officials known as the “Plunge Protection Team.”

https://www.reuters.com/article/us-...-convene-plunge-protection-team-idUSKCN1OM0LJ

 

[wavecoder]

algobots roll out!

 

[pmaloney]

"More than meets the eye":smile:

 

[exnavyew]

Just FYI:

https://en.wikipedia.org/wiki/Working_Group_on_Financial_Markets

 

[Bullitt]

After today, I'd say the PPT is still active in daily market activity.

 

[robo]

After today, I'd say the PPT is still active in daily market activity.

LOL.... About 80 Billion a week on average..... Maybe they spent it all today....

 

[Boghie]

After today, I'd say the PPT is still active in daily market activity.

I think the Administration called the Plunger Protection Team...

Not the same thing, not the same thing.

I get those calls all the time on my cell phone.