U.S. markets are RIGGED … (consumer confidence edition)
What happened today …
1. European markets were “magically” holding up after an initial sell-off.
2. A news agency sent out EARLY a summary for the equity market, writing that market was helped by the consumer confidence number marking a fresh 5mos. high.
3. A squawk picked up the story and mentioned, that a 5 mos. high must be ABOVE 38.6 … expectation was a high 29 reading.
4. Markets started to squeeze ahead of the number.
5. Number came out … 39.2 … a 5 mos. high
FRAUD!!!
My squawk subsription is paid for a long time … as I avoided the short … but I finally lost confidence in the American society …
FUCK THEM!!! (Excuse my language, but I’m a trader)
Tags: consumer confidence, fraud, manipulation, scandal
