/biz/ - Business & Finance

market, irrational, solvent

>>18246068
100% unemployment is priced in

>>18246312
This. The Fed is printing so much money that people buying goods and services no longer matters for stocks. Just how much they get from the presses.

>>18246330
printing near free money
trump will loan it all for nothing, bust them for human trafficking and never have to pay it back

Stock market value has no relationship to poorfag unemployed wagies lol

>>18246068
It's priced in. Only r*ddit falls for shit like this. Market is forward looking.

>>18246434
This

>Market has already fell 30%
>Employment has fallen 5%
>Omg why isn't the market falling!!!!!111

>>18246330
At that point it's not even an economy, just some weird pointless scam. I'm starting to suspect investors are just hoping to weather this until the market gets completely halted.

>>18246417
That just isn't true.

Tell me how we are going to see anything moon when millions are jobless and start to riot.

>>18246434
Forward looking? Lol. Obviously not...

Literally the only thing that isn’t priced in is us getting girlfriends

>>18246464
It should be much much much more than a 30% drop.

It’s like you Plebs don’t understand what the fed printing trillions to buy equities means, they’re buying leveraged etfs also so are you not aware what buying an unlimited amount of equities does to a market? There’s an artificial floor of the fed that has unlimited liquidity, so it’s game over for bears

>>18246522
Let’s pump a literal 100 trillion dollars and just give everyone 100,000 dollars right now

>>18246464
Wrong.
Employment has fallen an unknown amount. All we have are jobless claims. Casual / gig labor market is not represented

Most people don't have real jobs anymore. We have a financialized burger economy based on services and endless consumption.

>>18246511
Based and blackpilled

*psssst anon*

https://www.bls.gov/schedule/news_release/empsit.htm

>>18246434
>Expected 3 mil
>Actual 6 mil
>Priced in
Pick 2, you subhuman

>>18246068
how do you expect evrything to keep going down when it's actually the USD and other currencies that are soon going to 0?

>>18246504
t. r*ddit

Deflation right now, hyperinflation is coming.

Should have listened to Schiff and Maloney.

Buy gold and silver.

>>18246763
fuck off schiff im not buying your boomer rocks

>>18246068
trillions of dollars of stimulus

>>18246068
>Explain to me how the market isn't completely crashing right now.

money printer go brrrrrrrrrrrr

>>18246464
The market was up 35% in 2019. Stocks are STILL historically overpriced by every measure. If this bubble doesn't pop here, we'll just see a decade of stagnation Japan style.

>>18246068
>recurring jobless claims should be in a line graph
>new jobless claims should be in a dot plot
you are reading noise as signal

>>18246464
unemployment hasnt fallen you idiot. if your referencing a 4 or 5% figure for unemployment relative to a 10% or 11% figure that was under obama

its clear that since 1/3 americans dont have a job it never got better and the msm lied to save the first black president and trump made things worse and they were forced to lie to protect the first lie and now corona ruined the lie but they cant call trump on it without throwing obama under the bus

people are no longer needed
welcome to the Skynet economy, human trash

>>18246831
t. SPY puts bagholder from r/cuckold

>>18246068

>>18246068
Because ultimately the whales will manipulate the price to fulfill whatever narrative they seek. My personal opinion is this: The lifelong narrative has been that BTC was designed for times like this, a hard coded system where the monetary supply is known by all participants and can’t be altered without majority approval. Like others have stated, the Fed is out of control at the moment and the lifelong narrative of “BTC was designed for times like these” becomes more believable. Is the world ready for BTC to fulfill that narrative? Probably not. Are the whales going to manipulate the price to make that narrative appear to be true? My guess is yes. We have seen time after time how easy it is to move BTC with strategically placed orders on certain exchanges with soft spots. Once the whales set the narrative in motion via market making the price it will be a snowball effect, normies will start piling in and the plan will be in motion.

it just shows that job is a worthless meme to keep the population occupied

>>18246850
>Everything is a conspiracy to make Trump look stupid

Anony, I...

>>18247338
Fiat whales will fight tooth and nail to avoid any sort of authentic decentralized crypto standard. Derivatives markets live and breath based off of the plausible deniability of analog standards based on the obfuscation of precious metals supplies or the blatant horse shit of infinite money printing fiat standards.

Without the ability to obscure authentic price discovery/supply & demand none of the modern banking cartel members would be able to survive and they know it. Are the crypto whales really capable of recking the financial houses if we assume that they don't already dominate the crypto space behind the scenes the way they control everything else?

Rich people need to put their money somewhere

>>18246511
WRONG

>>18247338
haha Tether printer go brrrrrr

>>18246068
The market takes a while to reach the bottom, we have at least another year of going down

>>18246741
Continue to seethe, r*ddit

Just calm the fuck down and be patient. The real crash is coming. That is an absolute, indisputable fact and anyone denying it is either:

a) Mentally disabled;
b) Trolling;
c) Desperately delusional.

No it is not priced in. Yes this is the biggest economic catastrophe of the century. No we are nowhere NEAR the bottom.

It’s real. It’s here. It’s huge.

Cope.

>>18246434
>forward looking
And apparently they are delusional too.

>>18246068
Stonks only go up, even when they go down

>>18246756
I'll be smiling when reality catches up with you 80 iq retard

>>18247495
This.

>>18246068
it dropped so fast in such a short period of time, a correction for that is to be expected.

>>18247907
yes...and after that, i will buy.
if there is anything left to buy and if my money is still worth something.

as long as prints go brrr there's no need to work.
chill
embrace the clown world

>>18246068
5 million people are about to jobhunt and/or start a business

thats it, i am buying gold

The Trump bubble has deflated. It's back to Obama era sound fundamentals now.

>>18246068
gov't is stopping people from running their businesses/careers.
how long before they get fed up as they watch it wither on the vine?
there's a psychological limit. virus or not.
i think people subconsciously know this.

>>18246068
We've only begun the bear market

>>18246068
Because it already crashed in anticipation of this? It fell 30% what do you want? It should go to 0? Are you retarded? Are you gay?

>>18246068
we're still in the denial phase