Thanks. I see the “PPT” was created by a Reagan EO with defined members and tasks. That takes much of the mystery out of it.
Yeah it was created in reaction to the “Black Monday” event back in October 1987. The Dow fell 500 points in one day and scared the hell out of everybody, they thought it was 1929 all over again.
The Dow had been at 2500 and 500 points was a 20% fall. It rocked markets all around the world. Program trading which was new got blamed, but no one was sure. The PPT was attempt to prevent another crash.