[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 35 KB, 880x456, fredgraph.png [View same] [iqdb] [saucenao] [google]
57480347 No.57480347 [Reply] [Original]

>There isnt going to be a recession
>Unemployment is a lagging indicator

Feb 2 8:30 am they release january job numbers.

How will they play off 4%+ unemployment?
What will be the excuse?

Inb4 Market pumps because of interest rate cuts when people lose their jobs.

>> No.57480383

>>57480347
hi can you explain this to me like im 6
does this means my bitcorn go up or down?

>> No.57480400

>>57480383
it means that they will be forced to cut interest rates when the unemployment goes up the next few months.

the recession always starts in the months after they cut rates.

im looking at a 6 month timeline before shit hits the fan.

hoping for the early BTC pump that tops out by april.

the stock market dumps begins two months after the first rate cut.

>> No.57480420

in fact bitcoin 4 year super cycles oddly correlate to stock market tops. but im worried this one will be cut short

>> No.57480430

>>57480400
hi thank you for respond
ok so btc will pump next 2 month
how high do you think it will go?
and also will we get alt season too?
thanks for your insight

>> No.57480431

>>57480347
evil putin!

>> No.57480448
File: 6 KB, 250x241, 1641715635524.jpg [View same] [iqdb] [saucenao] [google]
57480448

>>57480347
Aren't these figs total bullshit now? Something about menulog pajeets, uber gigs, people working 2 jobs and healthcare/government jobs replacing full time workers?

>> No.57480450

>>57480430
bitcoin wil HOPEFULLY pump over the next 3 months.

remember altcoins always have their huge 10x pumps and then the BTC crash happens within a week of that happening.

so when you see shib/Bonk hitting 20-50 bil market cap. that means its time to leave crypto completely.

and if my theory is correct, it also means its time to exit the stock market and buy the bottom in 2025.

>> No.57480455

>>57480400
Agree on all points except some indicators I’ve been monitoring improving my we have a bit more time before the music stops. My base case is SHTF in Q3 possibly Q4

>> No.57480469

>>57480455
Imply* phonenigger here

>> No.57480484

>>57480450
thank you sound pretty smart
are you usually correct in your prediction?
my entire family future depends on your call
thank you

>> No.57480506

>>57480484
honestly id usually say dont listen to me.

but people will pump the markets on the idea of fed rate cuts. But when the rate cuts actually come they will sell the news and the recession will start.

so yes. get out of the stock market when they cut rates. As the rate cut narrative is the last gas in the tank.

>> No.57480562
File: 76 KB, 1314x617, 34255.png [View same] [iqdb] [saucenao] [google]
57480562

Yield curve has been screaming massive recession since 2022. The FED won't cut rates until at least July this year so expect more layoffs to top this shitshow

>> No.57480571
File: 162 KB, 1170x1217, IMG_1052.jpg [View same] [iqdb] [saucenao] [google]
57480571

>>57480506
This although it’s important to watch the yield curve when this is happening for a clearer picture. Yield curve is still steeply inverted and shit won’t be happening until it goes positive with a violent move. Generally this will be on rate cuts but the curve will indicate which cut broke the back of the market

>> No.57480582
File: 12 KB, 400x300, IMG_0684.jpg [View same] [iqdb] [saucenao] [google]
57480582

>>57480562
Kek, nice

>> No.57480598

>>57480506
that sounds great
do you think the DXY will go down under 100

>> No.57480614

glad to see there are a few other people who understand this.

Watching the stock market pump unrelentlessly and the news media constantly talking about recession fears being over, while the majority of america can barely afford groceries, is beginning to get frustrating.

What are you guys planning on buying during the recession?

I will be DCAing into TQQQ, the triple leverage nasdaq ETF that was up 11,000% from 2011-2019.

i just plan on buying some every month and riding it out as my cash cow the next decade.

>> No.57480664

>>57480614
No solid plans at of yet, still just adding things to watch lists and gonna wait to see who is going to get gibs. If helicopter money for all I’ll probably just be in gold and bitcoin but I’ll see. Also am from Australia so going to have to see how the shitstorm affects us like usual and if there’s any good cheapies in our mining sector. Muir can QQQs seem like a good bet at this point though

>> No.57480686

>>57480664
gold typically dumps initially with the market and then makes a run up, but eventually is outperformed by the stock market pretty quickly after the bottom.

>> No.57480769

>>57480686
This is true, it’s more a personal preference of how I invest. I only like to majority hold what I can have a good onderstanding of the value proposition and have high conviction in, I’ll likely get outperformed but I won’t get shaken out. Doesn’t mean I won’t make small bets on shitcoins or tech stocks but that’s funny money

>> No.57480802

>>57480400
"recession" may be short-lived because of increased printing when a severe downturn does finally happen. the run will come after that, not before. run in 2025 as usual. sell in 2025 and buy again late 2026.

>> No.57480898
File: 30 KB, 534x539, 1706552181318784.jpg [View same] [iqdb] [saucenao] [google]
57480898

>>57480562
Recessions hit shortly after the yield curve reverts.
Fasten your seatbelts.

>> No.57482593

Youll See

>> No.57482611

>>57480347
Shouldn't Freds unemployment rate fluctuate between 0 and 100%?

>> No.57482618

>>57480347
why should unemployment go up?
are you hallucinating?

>> No.57482661

>>57480898
define shortly
3 months?
6 months?

>> No.57482872
File: 196 KB, 1400x1520, employment-change-by-ind.jpg [View same] [iqdb] [saucenao] [google]
57482872

>>57480347
>How will they play off 4%+ unemployment?
Even though I agree with the sentiment that we SHOULD be in a recession, 4% unemployment might not even be likely.
The layoffs are all higher/middle paying white collar jobs, concentrated in tech and finance. Job gains are whats keeping the numbers good, but they don't report what jobs are actually gained.
The jobs are nearly all low-pay, irregular hours or both, concentrated in healthcare, hospitality and government, which itself is mostly in education.
The Fed can't cut rates with the "official" unemployment rate so low, and the GDP still looking good, because that would be admitting how fake the economy actually is.

>> No.57482929

>>57482872
So i was right they are just going to print jobs

>> No.57482939

>>57482929
where do you get 4% unemployment from?
your thread is nonsensical without explanation

>> No.57482953

>>57482939
4% unemployment tomorrow at 830 am est

>> No.57482965

>>57480400
>will be forced
They won't be forced to do shit. Cutting rates now completely undoes all of the work to get inflation under control. Rate cuts aren't happening until at least Q3 at a minimum.

>> No.57482978
File: 65 KB, 1280x720, maxresdefault.jpg [View same] [iqdb] [saucenao] [google]
57482978

>> No.57482986

>>57482929
>print jobs
somewhat yes. Most of these jobs are defined from boomers, healthaides, nurses and other specialists to clean their diapers and keep them alive at all costs to spend their money. Bartenders, servers, cooks and cleaners to suck up all the wealth they've accumulated.
Teachers is just a revolving door at this point, it doesn't pay enough in most places to deal with mongrel spawn and parents, so they are constantly hiring, with bus drivers, jannies, lunch ladies, facilities maintenance, security, and all the useless admin busywork to manage them and the parents
They can keep the illusion of full employment up for a long time, while they continue pumping stealth QE to whatever overleveraged bank or institution needs it.

>> No.57482998

>>57482953
Where do you get that from?

>> No.57483016

>>57480347
If it pumps because things got worse in going to tear my hair out I've been waiting for a dip since fucking december I let some fag convince me to sell at 36k

>> No.57483171

>>57482953
go fuck yourself you nigger

>> No.57483336

>>57482661
1-5 years later on average

>> No.57483347

>>57483336
>number might go down sometime in the next five years

What a brave prediction. kys

>> No.57483382

>>57483347
Real answer is 12 to 24 months after inversion of the yield curve4jghk.

>> No.57483414

>>57483382
>>57483347
You see, it's really only 1-2 years, but if it doesn't happen by then, there's a fantastic chance of one in the next three years. It's actually higher than the chance in the first two

>> No.57483436

Does FRED adjust when they revise the numbers months later? You probably won't get your 4% because they'll report a more "reasonable" looking number then revise it the bad way once people stop paying attention.

>> No.57483438

>>57480450
Interesting. Are you saying that this halving cycle will not follow the past pattern? I mean if our time horizon is that short then its unlikely that BTC reaches all that much beyond last ATH. And I think it's important that dollars have lost 50% buying power in real terms... So BTC won't even be worth what it was at ATH.

>> No.57484509
File: 149 KB, 1280x823, When_To_Buy_And_Sell.jpg [View same] [iqdb] [saucenao] [google]
57484509

>>57483382

>> No.57484533
File: 20 KB, 236x236, 1621797383346.jpg [View same] [iqdb] [saucenao] [google]
57484533

>>57484509
>>57483336
>>57483347
>>57483414

The top will be Q2 2026.

At least of this cycle. Bitcoin will halve by around March/April 2024, which will be a short "sell the news" moment.

Shortly after that, price will recover and we'll see Bitcoin break new ATHs.

>> No.57484555

>>57480347
How will you react when there isn't a 4%+ unemployment? Will you off yourself in shame?

>> No.57484598
File: 135 KB, 1036x1261, yield.jpg [View same] [iqdb] [saucenao] [google]
57484598

It's coming. It's bad.

>> No.57484646

>>57482986
Good post, you understand this shitty, retarded game very clearly.

>> No.57484662

>>57480562
they are tricking you to sell. you are looking at charts about scams build ontop of scam (dollars). none of this b.s matters, just accumulate bitcoin.

>> No.57484756

They held the crash so it will happen nicely during Trumps term. After that they can label him the worst president ever and kill his popularity.

It's by design and Trump knows that, he is the controlled opposition. Act accordingly.

>> No.57484803

>>57482998
BLS jobs survey US

>> No.57484828
File: 384 KB, 1603x887, cbf.png [View same] [iqdb] [saucenao] [google]
57484828

The conference board index has NEVER failed to predict every recession. This is not one indicator but a combination of TEN indicators that tells you a recession is coming.

>> No.57485049

>>57482998
this is the level of people that argue with you on biz and dont know the most basic of economic indicators
a 15 second google search could have led you to the answer

>> No.57485100

>>57484828
sir i cannot help but notice that this looks exactly like 2007 before the giga dump

>> No.57485178

>>57485100
dont worry they will not allow a recession before the elections
they will fake all metrics and print so much money just to kick the can down the road, but after november this year thats when it will all be unleashed

>> No.57485185

>>57480400
>im looking at a 6 month timeline before shit hits the fan.
It's funny how much these guys make the obvious seem like it was hard to conclude.

THE ENTIRETY OF BIDEN WAS TO CLEAR WAY FOR TRUMP TO RESET THE FINANCIAL SYSTEM.

Nixon was used the same way. Incredibly well loved leader (at least supported, 49 state landslide).
Then with all that support he ends the gold standard and they get rid of him forthwith.

Trump will Re-Fi the entire thing just like he's done his whole life and everyone will support it because of MUH BAD BIDEN.
So yea...six months is right and perfect timing and it's been the timing for a decade now.

>> No.57485313

>>57480448
Most of the numbers that come out about inflation, GDP, unemployment, job creation, etc. Seems very flawed, like they don't really measure what they supposedly measure.
One would be better off just ignoring these reports, just wing it on intuition and anecdotes.

>> No.57485332

>>57485185
Trump will just start seizing all Chinese assets outside of China and auctioning them off as recompensation for COVID. The Belt and Road becomes the bones of an American empire.

>> No.57485478

>>57482661
See >>57480562

>> No.57485554

>>57484662
>just accumulate bitcoin.
this. It doesn't matter if the US economy crashes and burns if you've already cashed out into Bitcoin. Bitcoin is unironically a lifeboat (thank you Satoshi), but most people will be too dumb to jump onto it until too late.

>> No.57485564

>>57485554
nigger bitcoin is literally a leveraged nasdaq now lmao

>> No.57485610

It is so obvious that they are keeping the economy artificially coiled up until Trump comes into office, and then they'll let the recession pop off.

>> No.57485664

>>57485610
Trump would do that himself. He's a real estate mogul. All he cares about is low interest rates and free money. They wouldn't have even raised rates if he won in 2020.