OK. Just curious on peoples thoughts here. Statements I hear quite frequently are: "Energy prices are down because the party in power drove them down before the elections." "Stock prices are up because the party in power drove them up before the elections." My question is this: If all the members of the party in power have the power to move the markets in their favor, what stops the members of the party OUT of power from just moving it back against the ruling party ? I guess I just have a hard time buying into the "illuminati theory" of market action. Others thought ? -T
I'm guessing it's large finance and industrial companies acting as proxies for the govt. I doubt anyone is suggesting it is party members pushing the mkts around
to me the big short-term risk is between 24 oct the end of Ramadan and nov 7 US elections... terrorist strike similar to what happened in Madrid 2 years ago... if these guys have the ability to deliver - lets hope not! but... -, seems to be the best timing to do so... other than that, the US is a BUY!
My question is this: If all the members of the party in power have the power to move the markets in their favor, what stops the members of the party OUT of power from just moving it back against the ruling party ? Assuming there is manipulation, you have answered your own question. What stops them? They are not in power.