NEW YORK (MarketWatch) — Is everybody asleep? If so, some (but not all) dreams are troubled.
Dennis Slothower of Stealth Stocks Daily is particularly restless. He writes: “If prices are any indication of interest in the stock market, nobody cares what is going on. Volume remains not just tepid, but downright depressed. If the dealer banks wanted to they could set the market price anywhere they wanted. Perhaps even the pros at the dealer banks are ‘out of the office’.”
Slothower in fact does think, and has said very loudly and repeatedly, that American financial markets are manipulated by major interests. So this might seem an admission against interest for him.
He writes further: “With only two days to go in August 2012 we are not seeing the typical end of month window dressing, with most serious professionals taking their last week of the summer off heading into this Labor Day weekend.”
Could a potential declaration of QE3 touch off an international currency war?
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Edited by Rogerdodger, 30 August 2012 - 04:53 PM.
