The “Plunge Protection Team”: What is It? Does It Act In the Interests of the Average Investor? +2K Views
The team uses a variety of tools to achieve this, including buying stocks, futures, and options, as well as providing liquidity to financial institutions. The PPT’s actions are intended to instill confidence in the market and prevent investors from panicking and engaging in a mass sell-off. There is no doubt that the Plunge Protection team …