“Orchestrated Chaos” – Stocks Rollercoaster Despite Oil, Dollar, Bond Yield Tumble

Jon Alternative Media, Blogosphere, Economy, Fiscal Policies, Market Commentary

“Whatever the disease… The Fed is the cure…”
Today’s market action was up there for the “most fucking idiotically algo-driven ever” award… as equity indices and VIX were spanked at 930, 1030, 1130, 1230, 1330, and 1430 before the self-organization idiots figured out their own pattern and backed off… (NO, there was no headline catalysts for these moves)

This post was published at Zero Hedge on Aug 22, 2016.