The fed obviously affects the macro market conditions etc. But what we are seeing today happens all the time .. variable machine sells and buys as thresholds are hit in response to an event such as China. An individual can't compete with these arrays of machines.
Without the fed the Dow would be sitting about 10k. The feds pumped the market by encouraging Mom and Pop to buy equities since they have to pay the bank to hold their money. Every correction is the machines cashing profits courtesy of Mom and Pop 401k.
Without the fed the Dow would be sitting about 10k. The feds pumped the market by encouraging Mom and Pop to buy equities since they have to pay the bank to hold their money. Every correction is the machines cashing profits courtesy of Mom and Pop 401k.