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Best Web OpEds    H3'ed 8/3/17

A Market Rig so Obvious you could set your watch by it - by Graham Summers

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1987 market crash (from the article)
1987 market crash (from the article)
(Image by Phoenix Capital Research, Gains/Pains Capital)
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I want to be clear; I’m not bearish because of the economy, nor because of stocks trading at bubble-level valuations (though both of those issues concern me).

I’m most bearish because of the ongoing market rig that is setting the stage for a massive 1987-type crash.

I’m talking about the VIX-manipulation/ risk-parity fund algorithms.

If you think I’m creating a conspiracy theory here, take a look at the market’s close of the last 10 days: the S&P 500 is moving less than a quarter of a percent every single day. “Someone” is literally PINNING the market, holding it in place.

Read the rest of the story HERE:

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