Whether it is due to the PPT, the NY Fed's brand new Chicago/HFT office, Citadel's more than arms-length transactions with Liberty 33, the BIS, or merely a frenzy covering of short, the market has so far managed to rebound modestly from its lows, if only to VWAP (as algos always do), although the day is certainly young.
But while the rigged market is so far creeking along supported by every central planner in thehouse, one casualty of the market is Marketwatch.com, where instead of the daily cheerful headlines, readers are greeted by:
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Has the time come for the Fed to monetize 404 errors?