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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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51107634 No.51107634 [Reply] [Original]

POWELL RUGGED US AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.51108168

Sick to my stomach

>> No.51108214
File: 702 KB, 923x1150, 1652451331554.png [View same] [iqdb] [saucenao] [google]
51108214

It's not like he didn't warn us...

>> No.51108229

He said literally nothing, you utter queer.
The downwards crabbing just continues.

>> No.51108278

I'M FREE, FREE FALLING

>> No.51108324

>>51107634
So how many base points is he hiking now?

>> No.51108342
File: 80 KB, 590x590, Russia-gas-EU-4043653.jpg [View same] [iqdb] [saucenao] [google]
51108342

>>51107634
So you didn't see a 75bp increase coming? I wish this god damn board could into macro.

>> No.51108354

>>51108324
I think 75 is pretty much confirmed next month

>> No.51108368

>>51108354
>I think
>pretty much
So he didn't say, thanks.

>> No.51108399

>>51107634
Study how inflation was tamed in the 80's, follow the bond market and you will get a leg up on shit like this. Excellent bull trap. See you boys at the June lows.

>> No.51108421

>>51107634
We're obviously heading toward a recession if it's not already well underway. They've been talking about a "soft landing" for months. If you haven't sold already you're retarded.

>> No.51108448

>>51108229
>He said literally nothing
And yet the Dow is in freefall lmao

>> No.51108458

>>51108214
yep, feel like i need to sit on my cash stash for a while and pick it up when its all cheap later on.

Many predicted this

>> No.51108471

>>51108229
Yeah, only that they will never ever pivot until inflation is tamed.

>> No.51108496

>>51108421
This. We’re in a recession though. They can pull all the bullshit they want with trying to redefine what the word means, but we’re objectively in a recession. GDP is receding. Unemployment means nothing because it’s a completely shit calculation that understates unemployment. Inflation figures are the same, they understate inflation.

>> No.51108503

>>51108448
Fags gonna fag
>>51108471
Which he already said a dozen times in the last convergences.

>> No.51108517

>>51108448
He said the beatings will continue until morale improves.

>> No.51108523

>>51108496
>We’re in a recession though.
We're well and truly not.
Employment and demand are both through the roof, they're explicitly trying to cool both to fight inflation.

>> No.51108528

>>51108503
>>51108471
*conferences

>> No.51108546

>>51108342
This pic looks way worse than it is in reality because for example gas in Finland is under 10% of the total energy so an absolute nothingburger.

>> No.51108573

>>51108523
AHAHAHAHAHAHAHA

>> No.51108577

>>51108523
https://en.wikipedia.org/wiki/United_Kingdom_cost_of_living_crisis

>> No.51108598

>>51108573
>>51108577
I really don't know what to tell you; both Powell and Biden for instance are on record saying they want demand and employment to cool in order to lower inflation.
High demand and high employment mean no recession.

>> No.51108632

Cheeky fuck even quoted Volcker to try to scare some sense into the market and crushed any expectations for a nearby pivot. Time for new lows, bros

>> No.51108648

Its actually over.
Sub 20k incoming

>> No.51108712

>>51108229
The summer pump occured because people thought a pivot was close. The speech today where he said that increased pain to the economy and labor market over a sustained period of time was preferable to the alternative means he took the pivot bull behind the barn and shot it in the head. Anyone who doesnt close their longs after that speech is a drooling idiot

>> No.51108740

>>51108712
how can i profit from the dead pivot bull behind the bar?

>> No.51108766

>>51108740
You short the shittiest stocks or cryptos you can find

>> No.51108773

>>51108712
>The summer pump occured because people thought a pivot was close.
Horseshit.
Inflation is still high and we only just saw a cooldown in CPI, literally nobody expected a pivot.

>> No.51108794
File: 1.84 MB, 2000x1333, 1658017643514.png [View same] [iqdb] [saucenao] [google]
51108794

>>51108503
>Which he already said a dozen times in the last convergences.
The bond market wasnt (and really, REALLY still isnt) pricing it in.

>> No.51108799

>>51108712
Stay poor fag, I'm buying SOXL

>> No.51108810
File: 804 KB, 992x866, ghrfgsdfgs.png [View same] [iqdb] [saucenao] [google]
51108810

>>51108214
What if i'm a poor stock owner?

>> No.51108817
File: 385 KB, 480x744, 1657140302670.png [View same] [iqdb] [saucenao] [google]
51108817

>>51108773
>Inflation is still high and we only just saw a cooldown in CPI
A cool down in CPI is literally saying theres a cool down inflation.

>> No.51108819

>>51108368
why do loser smartphone addict zoomers always need to 'win' fake gay arguments that nobody started?

imagine a whole generation of people who live to be 'right' in gay throwaway internet debates. npc retards

>> No.51108838

>>51108817
*cool down in inflation. Its also only down 0.1% which means its essentially crabbing and demanding the fed do more.

>> No.51108864

>>51108817
the cpi is a pretend metric, inflation is unstoppable no matter what the fed does

>> No.51108867

>>51108819
I'm literally gleaning from that guy's post that he didn't actually confirm any rate hike lol
No need to get triggered.

>>51108817
>>51108838
Not sure what you're trying to say.
Inflation cooled a little bit, but is still more than three times higher than it should be.
NOBODY was expecting a fucking pivot. It's a bobo fantasy.

>> No.51108874

Why are so many girls in to salad tossing these days? Its weird, I've never wanted my ass eaten before.

>> No.51108891

>>51108864
We all saw oil, commodities, ... dump in early July. The inflation cooldown was very real.

>> No.51108901

>>51108773
people with a brain expected the cooldown and thought the fed might ease up as a result and started buying back in. people like you who have no idea whats going on should not be playing around in the financial markets. stick to dca’ing into index funds or bitcoin

>> No.51108908

>>51108867
you'd have to be retarded to not see he was referring to staying strong with rate hikes and not relaxing too early - he used TWO fucking examples in the past 40 years where that was the WRONG move. Result: rate hikes are here to say for awhile. kys for being so dumb

>> No.51108964

>>51108523
>We're well and truly not.
ahaah hahahahha hahahhahah hahahahahahahhahahaha

lemme guess, youre a biden-fag ? Its okay, you'll stop worshipping retard presidents soon enough when you realize how utterly foolish it all is.

>> No.51109014

>>51108838
>>51108867
There's no reason to bet on higher inflation when the rise is now crabbing. Its been rising all year and the yearly trend in financial markets has been to dump. The only reason the yearly trend reversed is because people thought the fed would reverse which would accelerate inflation. Jerome got on stage and said they weren't for an indefinite period of time therefore financial markets will crash because they cant handle higher rates.

>> No.51109204

>>51108523
>produce 1000 widgets
>they sell
>Quasi and in some cases outright Communists collapse your economy
>produce 100 widgets
>they sell
>people still want 900 more widgets
>produce 75 widgets as your economy continues to deteriorate
>price them higher by several orders of magnitude
>"HAHA WOOWEE LOOK AT HOW HOT OUR ECONOMY IS! WOWZA! IT ISN'T THAT WE'RE COMPLETE FUCKUPS AND FAILURES, NO, IN FACT WHAT YOU'RE EXPERIENCING IS ACTUALLY "A Good Thing" AND IT'S ACTUALLY BECAUSE WE'RE TOO GOOD AT WHAT WE DO! WOOPS! WE'RE GOING TO CANCEL STUDENT DEBT BECAUSE INFLATION IS SO HIGH BECAUSE PEOPLE HAVE TOO MUCH MONEY AND TOO MUCH DEMAND HAHA! OH AND BY THE WAY WE'RE GOING TO ALSO RE-DEFINE RECESSION BECAUSE THINGS ARE SO GREAT RIGHT NOW LOL!"
I'm not upset or unsettled by you or your kind, these global conditions, where the world seems to be heading, or anything along those lines. I'm pretty well off financially. I'll be fine. What I'm upset and unsettled by is the fact that people like you or people like how you are pretending to be for the sake of getting replies, people who fight and tooth and nail to defend lies, are going to be murdered so spectacularly at some point with all the trimmings of modern technology, communication, and education, that it will likely be one of the most brutal massacres in human history. I really wish that could be avoided, but when I see how tirelessly your kind serves falsity and lies, I know that you can't be reasoned with and as a result you really only leave one option. That is profoundly sad to me.

>> No.51109233

>>51109204
You sound really passive-aggressive bro

>> No.51109370

>>51108342
how are we gas independent but I pay as much as a fin or a polak fucking hell I hate gypsies and jews I cant wait to leave this shithole (RO)

>> No.51109823

>>51109204
>>51109233
he sounds like a fucking retard. go back immediately

>> No.51109928

>>51108523

In early 2021 when a new guy joined my lab he was only 1 of 2 that applied for the job.
A position open in my lab again recently and we got 31 applicants in 2 days before the listing was removed.

The only jobs lacking people are retail slave labor.

>> No.51109953

>>51108598
Employment rates in the UK are at record high and yet it's still going through one of the worst cost of living crisis' in living memory. Just because people are employed doesn't mean they're earning enough to make a decent living.

>> No.51110199

>>51108399
so you're saying savings accounts and mortgage interest will be in the double digits?

SPY below 300 confirmed