Crisis? What Crisis? Enter The “Plunge Protection Team”
To the best of my knowledge, no one has pointed out the highly unusual euro/dollar trade that occurred last Monday, June 29. Over that weekend, it was clear that there was no more “crying wolf.” Talks had failed and futures and the opening of markets worldwide early Monday morning reflected this reality. It was this reality that ultimately pushed Alexis Tsipras, Prime Minister of Greece, to call for a referendum.
But a funny thing happened during early Monday morning trading on June 29…
Click here for TND’s Exclusive Break-Down of the Plunge Protection Team Caught in Action Over Greece: