Dear Reader, Recently, on a tip, hedge fund legend Teeka Tiwari began a research project into Wall Street's DARK MONEY. And what he found was shocking. At the center of this web was the Federal Reserve. Surrounded by a tangled web of big banks... Including Goldman Sachs, TD Asset Management, Morgan Stanley, Bank of America, Wells Fargo, Citigroup... And, most importantly... BlackRock. Here's what he uncovered... The Fed gave BlackRock up to $750 billion... So BlackRock could buy their high-yield bond ETFs, including their own. That alone, should have been enough to raise the ire of Main Street. But what Teeka found Wall Street doing in the shadows with their dark money with this ETF... Was even more unsettling. If you think fundamentals don't matter anymore... Your right. And this is the reason why... Chaka Ferguson Managing Editor, Palm Beach Daily |
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