In any event, there’s little doubt many were surprised by how it all went down, Bloomberg notes. What is curious is that until now at least, the market was not aware that the two stalwart guardians of the S&P500, and the heads of the PPT departed after what appears to have been a clash of egos – and styles – with the current, and supremely clueless, head of the NY Fed. The market may be in for a very rude awakening.
Ironically, Potter’s termination is something right out of Trump’s pinkslipping of Comey:
https://www.zerohedge.com/news/2019-08-04/meanwhile-inside-plunge-protection-team-chaos
