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MONEY MATTERS
Bow to the Market Master
— like a good little trader . . .
Vicki Lee Dillard4 min read·Just now--
Not so very long ago, the heartbeat of options trading was the S&P 500 — the ultimate “Market Master.” Known as the barometer for the U.S. economy . . . the gauge for overall economic health. Seems it’s now under siege.
There’s been a coup of sorts.
Leave the gun — take the S&P . . . forgive me Mr. Puzo.
For a good long while, the S&P 500 has been healthy, with tons of correlated assets at the ready for all the good little traders in traderville. Bullheaded permabears, trapped on the wrong side of the mighty bull run have gotten brutally pounced. Bound by their “crashing” convictions . . . only to get bulldozed by the mighty Market Master.
Alas, something’s changed. At first, a trickle. Then a deluge in the form of a thunderous power grab, glorified by bent knee billionaire sycophants capable of controlling the very driving forces that feed and enrich their egotistical greedy souls. The sway that lies solely at the hands of “socially untruthful” whims guarantees to concentrate personal wealth and trumped-up power to reigning blood relations, and those corporate captures under the gun — who “kiss the ring.”
