/biz/ - Business & Finance

[Anonymous No.51308644]

75BPS
75BPS
75BPS

[Anonymous No.51308664]

Bullish for the winter, prepare for facemelting poomp end of October

[Anonymous No.51308676]

>>51308644
Wasn't this shit expected? I read something about how this was expected to be the last 0.75 hike, so why is this news?

[Anonymous No.51308730]

And the markets are barely down. This guy is having a rough time with the bankers taunting him

[Anonymous No.51308750]

>>51308676
it's the last one we know about for the year.

[Anonymous No.51308753]

>>51308644
Priced in

[Anonymous No.51308755]

>>51308676
Because every retarded bull monkey assumes the fed will pivot in just 2 weeks time

[Anonymous No.51308908]

>>51308676
Previous rate hikes were expected as well, then it all went to shit.

[Anonymous No.51309013]

>>51308676
>>51308753

The prime rate still has a maximum tolerance threshold before the house of cards comes crashing down 70 basis points gets us there faster than 50, so it's bearish at this point.

[Anonymous No.51309129]

>>51308644
>appears to
>could

[Anonymous No.51309183]

>>51308755
Going from turbohawkish to slightly less turbohawkish is not a "pivot".

[Anonymous No.51310406]

>>51309129
this. fucking pseudo journalists

[Anonymous No.51310446]

>>51308730
The markets tank after the news, fave it your American markets are shit.

[Anonymous No.51310567]

>>51308676
Every month bulltards say that this time Powell is surely bluffing, but they are wrong every time

[Anonymous No.51310592]

Everyone knows it will be 75 for September
Then 50 for October, just in time for the mid terms

[Anonymous No.51310620]

>Unemployment
It’s a good thing the Fed finally figured out how to solve our problems

[Anonymous No.51310637]

>>51310567
>Every month bulltards say that this time Powell is surely bluffing, but they are wrong every time
And just when you think he’s developed a pattern of behavior, he’s gonna rug us.

[Anonymous No.51310665]

>>51308676
>>51310567
The problem is everyone knows exactly how this is going to play out in that Jerome will hike until the economy suddenly deletes itself and then he will print into hyperinflation; making the current market a giant show eveyone is privy to but still partaking in to milk the last ounce of value out of the currently rigged system.

[Anonymous No.51310686]

NOT MY PROBLEM I HAVE ASCENDED

[Anonymous No.51310757]

>>51310637
Why not wait and buy in when it's confirmed that he is bluffing? Insiders will have already bought in by then and will have pumped the market a little bit, but at least you don't run the risk of bagholding for 5 years in the event that Powell is serious

[Anonymous No.51310840]

>>51310757
This is why you accumulate tangible goods.
Look at the size of the 70+ population out of the workforce, and these midwit politicians think miseducating the youth and driving them into unemployment is the solution.

[Anonymous No.51310902]

>>51308676
Every time rate hike day comes around, everyone expects this shit. It's always 75bps, which is not enough to solve the problems they're pretending to fight, but because it's not something ridiculous like 10,000bps, we're supposed to think this is good news and the entire market should rally and start celebrating.

[Anonymous No.51310966]

>>51310567
75bps does nothing, you sack of dogshit
if your fed chair really wanted to end the ponzi scheme that is your retarded banana republic paper money scam he would have hiked rates to 30% (that's right you heard me right, thirty), sell every fucking treasury they have, market dump them all, the US treasury would default this year and so would every single fucking leveraged retard

and of course, that's never gonna happen
because the central banks are entirely controlled by the state, to finance their retarded spending
your shit currency is dead just like every other fiat scam faggotry and there is nothing they can do

[Anonymous No.51311014]

>>51310966
They are going to keep raising rates slowly until something breaks and only then will they consider restarting QE. When something breaks, the market is going to take a big shit. I have no intentions of holding when that happens and I will only buy when the fed does what they did at the bottom in 2008 and 2020. You do you though

[Anonymous No.51311040]

>>51308676
Because fed posters have been coping that inflation is from the supply chain and as such rate hikes weren't needed. They either pretend the massive amount printed didn't happen, or that it can't cause inflation (kek), or that it still magically doesn't matter cause supply chain

[Anonymous No.51311190]

They will print to fuck bond owners. They will raise interest rates to dump the stock market. They will cause global energy shortages to crash bitcoin. They will declare marshall law to own all the housing. They will tomahawk missile domestic oil refineries to cause shortage spike of gas. They will false flag terrorist attacks of highway system to lock people into specific areas after rolling out Teslas everywhere. They will napalm small farms so we have to eat the bugs. They will launch a cyber pandemic that will affect every device but iphones where people's personal computers will explode. They will roll out the robo dogs to smash people's doors in and confiscate their guns. They will blacken the sky in Perma clouds so we have to take monthly vitamin c booster shots.

[Anonymous No.51311194]

>>51310966
The market can remain retarded longer than you can remain solvent betting against it etc etc etc.

[Anonymous No.51311232]

>>51311190
>They will cause global energy shortages to crash bitcoin.
Global energy shortages are classically bullish for BTC considering its an input in mining. ETH going POS however is going to cause a giant increase in BTC miners which is just as much bearish if not more so.

[Anonymous No.51311280]

>>51311232
>ETH going POS however is going to cause a giant increase in BTC miners
Can you even profit from BTC mining? Last I checked it was barely neutral

[Anonymous No.51311286]

>>51310966
When the fed is buying, you buy.
When the fed is selling, you sell.

It’s that simple. /biz/ is filled with contrarian faggots who dont understand that betting against the largest market player in the world is a bad idea

[Anonymous No.51311316]

>>51311286
The problem is /biz/ is either filled with long term coping baggies or short term gambling options traders. Not actual investors

[Anonymous No.51311324]

>>51311280
Idk last i looked into it its profitability was pretty shit when you factor in the dumps; im simply thinking out of all of those ETH miners at least some will move over to BTC for whatever reason.

[Anonymous No.51311328]

>>51310840
This.
Unless you are already rich as fuck you should be buying in this order, land, storage space like a pole barn, fuel, food, equipment, etc.
By the time the inflation cycles through you will get 2x gains just by purchasing things you will use anyway now as well.
You should have huge freezers full of meat already.

Ground beef is going to $15/lb by 2025. No way to stop it. Too much money exists.
Regular goods are going to 3x.

I bought a whole cow two years ago and price nearly doubled since then. Will happen again for sure.
I'm already pivoting my farm land to pasture so that my family can eat meat in the future.

[Anonymous No.51311350]

>>51310966
You sound kinda upset bro

[Anonymous No.51311362]

>>51311316
No one should be "investing" a fucking dime right now lmao.

[Anonymous No.51311363]

>>51311328
Honestly you people laugh at toilet paper hoarders, but you really dont have enough toilet paper yourselves. The average person uses 1 roll per day. If you have a family of 4, that's 28 rolls a week. Over 100 a month. TP rolls will be worth their weight in gold in a few months, because everyone needs it

[Anonymous No.51311394]

>>51311363
Based pasta poster.
But without irony, TP is up like 30% since 2020 or more.
So there was almost nothing poorfags could do for better return during this time but stock TP to be used at a later date.

[Anonymous No.51311398]

>>51311363
this only applies to burgericans
normal (human) people can live comfortably on 1 toilet roll per month

[Anonymous No.51311453]

>>51311394
Yes, tangible goods like easily resellable farming machinery is probably the way to go but the way poorfags were fighting over toilet paper of all things in supermarkets at the beginning of covid was hilarious

[Anonymous No.51311519]

>>51311398
My 4 year old son has a good diet and all, but it is UNREAL that he has zero residue at all.
He could seriously just get up from the shitter and walk away totally clean 9/10 times.

[Anonymous No.51311584]

>>51311519
kids need a lot less fiber than we do. most american adults eat goyslop with no fiber and have chronic diarrhea as a result. no idea what the stats are for ass cancer over there but i bet it’s high

[Anonymous No.51311723]

>>51308644
He made a dramatic speech about combating inflation and shieeeet AT ANY COST, but he resorted to only hike the rate by... 75bps lmao
If he ACTUALLY want to fight inflation at any cost, he would've AT THE VERY LEAST, DOUBLED the current rate.
He's all bark no bite. He's got no guts to risk it. He's unfit to steer the economy.

[Anonymous No.51311744]

>>51311190
They will ban you for shitposting

[Anonymous No.51311801]

>>51311723
He said he would keep going but be more data dependant going forward. That means he will keep going slowly until something in the system breaks. What he does then is up for debate. But pain is coming

[Anonymous No.51312038]

>>51311584
pretty much this, I eat solely a variety of meat (no processed shit, just cuts and mince), potatoes and veggies and I only have to wipe once but always do it twice just to make sure there's nothing there. And there never is.

Fix your fucking diets you diarrhea-ridden disgusting hambeasts

[Anonymous No.51312055]

>>51308644
Guy just can't go with a full point or more can he. With FEDNOW beginning its rollout next July, seems like there really is intent to collapse the dollar into a CBDC scheme. Say goodbye to anonymous transactions and hello to programmable money.

[Anonymous No.51312056]

>>51311324
doesn't understand the difference between eth and btc mining
>>51311362
>gives investment advice

kek

>>51311723
>>51310966
>WHY DOESN'T JEROME DESTROY THE ENTIRE GLOBAL ECONOMY SO I CAN BUY CHEAP UWAAAHHHHH
kek this board man

[Anonymous No.51312096]

>>51312056
>WHY DOESN'T JEROME DESTROY THE ENTIRE GLOBAL ECONOMY
interest rates are make-believe sentiment
people will panic sell for 1-2 days, but then everything will be all gu

[Anonymous No.51312289]

>>51312096
>>51312056
>>51312055
This is now a thread on fecal matters if you didn't notice.

[Anonymous No.51312456]

>>51308730

Markets are starting to give less of a shit about interest rates. They barely moved from this "news," although it was expected.

>>51312096

Higher interest rates has a real effects, it devalues fixed income because it redenominates future dollars, therefor can contract the circulating supply of money because the value of these assets are reduced and the amount that they can be leveraged is less.

But you're right that long term higher interest rates are actually more bullish for long term assets, the raising of rates just decreases liquidity to sell them in the short term.

[Anonymous No.51312534]

>>51311190
Can I shitpost via radio and farm mushrooms via bomb shelters?

[Anonymous No.51312669]

>>51310966
You need to be at least 18 to post here.

[Anonymous No.51312732]

>>51308676
Because he said a load of Hawkish shit, quoting Paul Volcker. 75BPS reaffirms the stance that he'll keep hiking worse than some think. There's accelerated QT to factor in as well, didn't it double to $90B per month on the first of this month. There isn't a long history on the implications of QT to look at.

[Anonymous No.51312963]

>>51308644

[Anonymous No.51312990]

>>51308644

alrrrrrr

[Anonymous No.51314036]

>>51311040
you realize your chart shows that the money isn't actually being spent so the inflation isn't from printing?
midwit lmao

[Anonymous No.51314298]

>>51311363
I haven't had a toilet paper roll in my apartment for almost 5 months, I've just been showering every time I need to shit. I scoop any remnants down the drain and my ass is 100% clean, don't even need soap.

[Anonymous No.51314305]

>>51314036

Where do you think money goes when you spend it? Its goes into someone else's bank account. It doesn't fucking disappear, retard. The more money per goods and services, the higher the price tends to be, basic supply and demand. Sure supply can be an issue, but when you increase the money supply by 40% in a year that doesn't help.

[Anonymous No.51314429]

>>51311190
Kek, got a good 5 minute laugh out of me.

[Anonymous No.51314484]

LANDLORDS AND BITCOIN FAGGOTS ARE REKT

[Anonymous No.51314499]

Fed will not sell the bottom, the market will pump this winter for annual returns and fed pivoting. FED wll sell at least 20% of assets next year, screencap this.

[Anonymous No.51314538]

>>51311280
Miners are done, Chang.

[Anonymous No.51316157]

>>51310592
50 in October would be interesting considering there's no meeting in October...

https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm

[Anonymous No.51316194]

>>51308644
This will be the last one. People are already talking about how the US is lying on job reports. Next hike will be a tough sell.

[Anonymous No.51316237]

>>51316194
When is JP scheduled to rekt the market this month? Need to get my dry powder ready

[Anonymous No.51317100]

>>51311190
WTF bros how do I profit from this?

[Anonymous No.51317213]

>>51311744
better than the reddit opinions

[Anonymous No.51318438]

>>51312038

[Anonymous No.51318513]

>>51311280
Not with GPUs. I don't know enough on the topic, but surely someone here does. I'd heard something from a miner that given how BTC hashes are calculated for hardware, it was far less efficient for GPUs to do anything with it, which is why a lot of GPU miners mine ETH and no name shitcoins and just dump them instead.

[Anonymous No.51318667]

>>51308644
>some of you may lose your wagie cagie but that is a risk im willing to make

[Anonymous No.51319333]

>>51308644
They will do .25 to facilitate a market upturn well into the US elections.
Then they will keep rising and sometime next year the market realizes that money isn't that cheap anymore and goes down again.

[Anonymous No.51320051]

Going slowly to introduce CBCD

[Anonymous No.51320297]

>>51308676
This is unironically priced in because he didn't rule it out last time. This is just retards trying to spook everyone.

Unfortunately it has priced in a dovish pivot eoy or in january/feb I think and so there is gonna be even more blood come then.

[Anonymous No.51321507]

>>51308644
this was obvious, why people surprised? it's 0.75, 0.50 and then 0.25 end of the year, come on. they want the target of 3.25 or 3.50 or whatever by end of year. they need a 0.75 somewhere in there.

[Anonymous No.51321535]

january is typically the worst month for the memeconomy

[Anonymous No.51321565]

>>51308644
>75 Basis Points
>.75%
Anybody else cringe at this faggot ass pilpul nuspeak they always have to come up with?

[Anonymous No.51321650]

>>51312534
They will signal jam the ham radios using starlink. They will drone strike the bomb shelter with google maps AI. They will release the mushroom virus pandemic killing the mushrooms.

>>51311744
They will activate the jannie killswitch moot made. They will release the klaus schwab android humans to terminate biz posters in their sleep. They will release the ID system where your name and address will be publicly linked to your posts and be available to read on twitter and facebook.

>>51317100
They will remote mind wipe the thoughts of profit seeking anons. They will replace your thoughts with AI wagie training. They will update your brain to the 4th industrial revolution digital society script.

[Anonymous No.51321675]

>>51311363
I just have one of my dogs lick my ass

[Anonymous No.51321714]

>>51314305
I dont see a problem. Let's print until the printers break then we can use crayons to make more. Eventually everyone will be rich as fuck.

[Anonymous No.51321715]

>>51308644
fight inflation....with 2% rate. Volcker would be proud

[Anonymous No.51321760]

>>51321565
It sounds pretentious at first, but if you think about it for a sec, it makes sense.

Raising rates by "0.75%" when FedFunds is at 2.25-2.50 would be an increase of 0.017 putting the FedFunds rate at 2.26-2.51. But by using percentage (basis) points, a "75 basis point" increase would put the FedFunds rate at 3-3.25, which would actually do something.

[Anonymous No.51321811]

>>51321565
What would you prefer, zero point seventy five percent or three quarters of a percent?
It's harder to mishear basis points you jew loving faggot

[Anonymous No.51321814]

>>51308644
It’s all so tiresome. Can we just crash or moon? Wtf is this nonsense

[Anonymous No.51321938]

>>51311363
>doesn’t wash his ass with water and soap after taking a shit like the rest of the world.
Why are whites fucking dirty and retarded. It still amazes me how you people conquered the world when basic hygiene fucking escapes you

[Anonymous No.51321958]

>>51311328
I’ve been hearing this since bush jr. You retards are never right

[Anonymous No.51322170]

>>51310757
BUT I MUST TROOOODE

[Anonymous No.51322202]

>>51321938
someone post the office bathroom toilet water cups

I actually agree, it's nasty most people don't shower after they shit. you're coping because you don't have toilet paper though.

[Anonymous No.51322226]

>>51308644
When is this devil going to get a trip to the Jenga tower?

[Anonymous No.51322289]

Already knew that, you dumb faggots should have this shit bookmarked
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

[Anonymous No.51322505]

>>51318513
Bitcoin mining involves calculating SHA256 hashes of transactions, which can be done very very fast using a special computer called an ASIC (application specific integrated circuit). The basic idea of an ASIC is it can only do one thing extremely quick. ASICs are like 100x faster than GPUs for computing SHA256 hashes, but cost a hell of a lot more. Ethereum's hashing algorithm is called Ethash, which is supposed to be ASIC resistant, but apparently it can be done. I imagine its more economical to mine with a cluster of GPUs than it is to buy special purpose machines that cant be used for anything else.

[Anonymous No.51322558]

>>51322289
there are derivatives for basis points? futures are fucking wild. thank you for posting the cme info I had no idea they gave so much info for free
>30-Day Fed Funds futures and options are one of the most widely used tools for hedging short-term interest rate risk. Fed Fund futures are a direct reflection of collective marketplace insight regarding the future course of the Federal Reserve’s monetary policy.

[Anonymous No.51322708]

>>51322558
There is also this one which tracks the rate probabilities and dates for central banks from other countries
https://www.investing.com/central-banks/fed-rate-monitor
Also investing.com has all kinds of charts for indices, commodity futures, stonks, crypto, etc. it's a very useful site

[Anonymous No.51322917]

>>51322708
ill check it out. ive stuck to equities but the derivatives market is fascinating for these products on basis points and stuff like that dont matter unless you have enough bucks where .75% makes a difference but there is a ton of volume on them. financial games are neat

[Anonymous No.51323004]

Just looking at current gas prices (falling) and groceries (stable), "inflation" is going to be lower or the same this month. Why would they still raise 75?

[Anonymous No.51323185]

>>51311324
Gpus can't mine the btc algorithm efficiently (or profitably) due to ASIC mining. You need purpose built hardware to mine BTC at a profitable rate.

Etc, ergo, rvn, and other shit coins are where miners are trying to pivot. Profit is already shrinking BUT the remaining POW coins are getting pumps periodically that makes me think it might all work out okay for POW in the end.