Sadly you have been misled, absolutely everything is due to institutional racism. I hit my big toe on some furniture the other day and cursed institutional racism. It's a terrible nuisance for everyone.
Sure, everybody with more than two brain cells to rub together sees the benefits to those who stand to benefit from a divide and conquer agenda of racial strife, gender strife, religious strife, strife is good business. Where would all the weapons systems manufacturers be if peace broke out? This will be in there somewhere, ya can bet on this age old favorite. Austerity - https://www.dogpile.com/serp?q=Austerity
Paywall. Can't read but yeah sure blame on the mom & pops who bought or sold 1 contract of "option bets". That 1 contract really moved the market. LOL But what about the other mom & pops who bought or sold the "option bets" in the other direction? The market didn't go up and down; it went straight down. So all of the mom & pops bought and sold "option bets" of the same direction? LOL
The nosedive happened pretty much at the same time the CPI numbers were announced, not really before. I blame it on the algos. They read the numbers and entered the trades instantly. Humans are not that fast.
I was watching Bloomberg TV at the time, as well as my screens across the room, and price definitely started crashing before their Washington reporter started talking and they displayed the number. Move in advance started I'd say between 10-15 seconds. I was like huh!!
Thank god. Fortunately Trump won't be able to wreck America from Rikers. He did so much damage after Obama's awesome 8 years.
By the time the number is announced on TV, it's already caught and analyzed by the algo that already put in the trades. TV is like the last venue that any news is disseminated. By the time that the news is on TV, it's already old news, as far as trading is concerned.
Is that so? So I suppose when JayP steps to the microphone next after the rate announcement and starts to talk the Algos will hear it before all of us. And at other market moving events price didn't move till TV and the rest of media released. Algos were sleeping?