/biz/ - Business & Finance

>unsustainable debt levels, auto, student, credit, personal, mortgage
>extreme housing bubble, all time high 30%+ income on housing
>consumer is broke, no savings by October
>inflation is spiking higher, no more base effects
>interest rates higher for longer; more zombie company failures, lower growth, more bank failures if 10yr approaches 4.5%
>complete collapse in global trade, each month countries report doing 10% less exports from the previous month
>China recession
>EU recession
>dollar rising
>earnings collapse for 3 consecutive quarters
>1.73 standard deviations wilshire 5k ratio; 50% more bubble than dotcom peak
>**20x forward multiple** on S&P500 earnings (this is very expensive, going into a recession)
>earnings margin collapse, profit margin collapse market wide three consecutive quarters
>only in nominal terms are things "rosy"
>spiking delinquencies / defaults on all forms of credit
>new housing construction falling during strong summer months, in spite of strong demand
>more corporate bankruptcies this year than any other previous by this time of year
>yield curve inversion + uninversion in future
>130% debt to GDP
>$1 trillion in debt service
>other nations dropping dollars for trade, petrodollar is kill
>PMI / ISM collapse
>new orders / backlog of orders collapse
>commodity prices rising sharply (inflationary)
>consumer is kill, and will be even more kill in the Autumn
>crowding out effect from Janet Yellen issuance backlog
>Japan ending / lifting YCC, carry trade unwind
>ECB more dovish = dollar rise
>yields rising
>all time high paycheck to paycheck before student loan repayment resumes
>underwater autoloans
>collapsing commercial real estate value 60%+ value haircuts
>deposit outflows, commercial real estate collapse, inverted yield curve crushing banks - solvency banking crisis looms
>EU PMI collapse
>Fed liquidity vs S&P500 divergence
>US credit downgrade
>smart money vs dumb money divergence
>US regional bank downgrades

Blockchain is a completely useless technology that doesn't solve any real world problems.
Prove me wrong.
Pro tip: you can't.

Awfully cocky in this thread mumu..
Would be a shame if someone were to... dump it..
in premarket..

Now...imagine the Sunday night dump. SELL.

LINK is dying

And I said "You know we've had such terrible loss of gains. Maybe the smartest thing to do is dump it."
And they made that decision to dump, and then we watched the Bitcoin collapse.

>unsustainable debt levels, auto, student, credit, personal, mortgage
>extreme housing bubble, all time high 30%+ income on housing
>consumer is broke, no savings by October
>inflation is spiking higher, no more base effects
>interest rates higher for longer; more zombie company failures, lower growth, more bank failures if 10yr approaches 4.5%
>complete collapse in global trade, each month countries report doing 10% less exports from the previous month
>China recession
>EU recession
>dollar rising
>earnings collapse for 3 consecutive quarters
>1.73 standard deviations wilshire 5k ratio; 50% more bubble than dotcom peak
>***20x forward multiple**** on S&P500 earnings (this is very expensive, going into a recession)
>earnings margin collapse, profit margin collapse market wide
>only in nominal terms are things "rosy"
>spiking delinquencies / defaults on all forms of credit
>new housing construction falling during strong summer months, in spite of strong demand
>more corporate bankruptcies this year than any other previous by this time of year
>yield curve inversion + uninversion in future
>130% debt to GDP
>$1 trillion in debt service
>other nations dropping dollars for trade, petrodollar is kill
>PMI / ISM collapse
>new orders / backlog of orders collapse
>commodity prices rising sharply (inflationary)
>consumer is kill, and will be even more kill in the Autumn
>crowding out effect from Janet Yellen issuance backlog
>Japan ending / lifting YCC
>ECB more dovish = dollar rise
>yields rising
>all time high paycheck to paycheck before student loan repayment resumes
>underwater autoloans
>collapsing commercial real estate value 60%+ value haircuts
>deposit outflows, commercial real estate collapse, inverted yield curve crushing banks - solvency banking crisis looms

>Why are you posting it again
I am tired of braindead mumus in /smg/ parroting variances of these lines:
>Is there any bear thesis anymore?
>Bobo can't even say why he is bearish!
We have a very clear thesis.

>unsustainable debt levels, auto, student, credit, personal, mortgage
>extreme housing bubble, all time high 30%+ income on housing
>consumer is broke, no savings by October
>inflation is spiking higher, no more base effects
>interest rates higher for longer; more zombie company failures, lower growth, more bank failures if 10yr approaches 4.5%
>complete collapse in global trade, each month countries report doing 10% less exports from the previous month
>China recession
>EU recession
>dollar rising
>earnings collapse for 3 consecutive quarters
>1.73 standard deviations wilshire 5k ratio; 50% more bubble than dotcom peak
>***20x forward multiple**** on S&P500 earnings (this is very expensive, going into a recession)
>earnings margin collapse, profit margin collapse market wide
>only in nominal terms are things "rosy"
>spiking delinquencies / defaults on all forms of credit
>new housing construction falling during strong summer months, in spite of strong demand
>more corporate bankruptcies this year than any other previous by this time of year
>yield curve inversion + uninversion in future
>130% debt to GDP
>$1 trillion in debt service
>other nations dropping dollars for trade, petrodollar is kill
>PMI / ISM collapse
>new orders / backlog of orders collapse
>commodity prices rising sharply (inflationary)
>consumer is kill, and will be even more kill in the Autumn
>crowding out effect from Janet Yellen issuance backlog
>Japan ending / lifting YCC
>ECB more dovish = dollar rise
>yields rising
>all time high paycheck to paycheck before student loan repayment resumes
>underwater autoloans
>collapsing commercial real estate value 60%+ value haircuts
>deposit outflows, commercial real estate collapse, inverted yield curve crushing banks - solvency banking crisis looms
Mumu thinks that price action negates these things. Mumu thinks that a green day negates these things. Mumu thinks that we have no thesis. Mumu, you will see. Mumu, you will learn.

>unsustainable debt levels, auto, student, credit, personal, mortgage
>extreme housing bubble, all time high 30%+ income on housing
>consumer is broke, no savings by October
>inflation is spiking higher, no more base effects
>interest rates higher for longer; more zombie company failures, lower growth, more bank failures if 10yr approaches 4.5%
>complete collapse in global trade, each month countries report doing 10% less exports from the previous month
>China recession
>EU recession
>dollar rising
>earnings collapse for 3 consecutive quarters
>1.73 standard deviations wilshire 5k ratio; 50% more bubble than dotcom peak
>***20x forward multiple**** on S&P500 earnings (this is very expensive, going into a recession)
>earnings margin collapse, profit margin collapse market wide
>only in nominal terms are things "rosy"
>spiking delinquencies / defaults on all forms of credit
>new housing construction falling during strong summer months, in spite of strong demand
>more corporate bankruptcies this year than any other previous by this time of year
>yield curve inversion + uninversion in future
>130% debt to GDP
>$1 trillion in debt service
>other nations dropping dollars for trade, petrodollar is kill
>PMI / ISM collapse
>new orders / backlog of orders collapse
>commodity prices rising sharply (inflationary)
>consumer is kill, and will be even more kill in the Autumn
>crowding out effect from Janet Yellen issuance backlog
>Japan ending / lifting YCC
>ECB more dovish = dollar rise
>yields rising
>all time high paycheck to paycheck before student loan repayment resumes
>underwater autoloans
>collapsing commercial real estate value 60%+ value haircuts
>deposit outflows, commercial real estate collapse, inverted yield curve crushing banks - solvency banking crisis looms

>unsustainable debt levels, auto, student, credit, personal, mortgage
>extreme housing bubble, all time high 30%+ income on housing
>consumer is broke, no savings by October
>inflation is spiking higher, no more base effects
>interest rates higher for longer; more zombie company failures, lower growth, more bank failures if 10yr approaches 4.5%
>complete collapse in global trade, each month countries report doing 10% less exports from the previous month
>China recession
>EU recession
>dollar rising
>earnings collapse for 3 consecutive quarters
>1.73 standard deviations wilshire 5k ratio; 50% more bubble than dotcom peak
>***20x forward multiple**** on S&P500 earnings (this is very expensive, going into a recession)
>earnings margin collapse, profit margin collapse market wide
>only in nominal terms are things "rosy"
>spiking delinquencies / defaults on all forms of credit
>new housing construction falling during strong summer months, in spite of strong demand
>more corporate bankruptcies this year than any other previous by this time of year
>yield curve inversion + uninversion in future
>130% debt to GDP
>$1 trillion in debt service
>other nations dropping dollars for trade, petrodollar is kill
>PMI / ISM collapse
>new orders / backlog of orders collapse
>commodity prices rising sharply (inflationary)
>consumer is kill, and will be even more kill in the Autumn
>crowding out effect from Janet Yellen issuance backlog
>Japan ending / lifting YCC
>ECB more dovish = dollar rise
>yields rising
>all time high paycheck to paycheck before student loan repayment resumes
>underwater autoloans
>collapsing commercial real estate value 60%+ value haircuts
>deposit outflows, commercial real estate collapse, inverted yield curve crushing banks - solvency crisis looms

It's all pain from here until early 2024. You've been warned.

Now I have become death, the destroyer of worlds.

>be me
>did reasonably well over the last two bull runs
>didn't buy on january 1
>assumed a contrarian position because everyone was bullish for seemingly no reason
>cramer saying buy
>everyone saying buy
>fed officials like yellen saying everythings fine
>definitely_a_red_flag.tif
>cpi comes in not as hot as it was a year ago but people fail to understand that it is the equivalent of being down 90% then scoring a 2x on your 10% remaining
>$100 -> $10 -> $20 omgwtfbbqlmao we are BACK
turns out being contrarian was the exact opposite of what i was supposed to do
turns out the bull run started on january 1 and all the "it is a new tax season!" memes were unironically the right thing to do

i feel like capitulating and taking all that stagnant cash and going back into markets but sure enough tomorrow everything will dump im sure
fuck
my
life

Bobobros. Don't short now. Now is not the time. Yes the overall situation is bearish, and yes it's going to dump quite a bit -- but not yet. This right now is a bear trap; look at the 4H Stoch RSI -- it's an obvious bear trap.

At this moment,
do you feel....

euphoric?

You're losing a lot of money right now.

I fear for people who haven't sold their crypto currencies yet.

We have identified an unusual $SPX split that expires on June 7, 2023 with a strike price of $3,400.00

7,500 PUT contracts with a price of $0.85 (Mid-Market) were purchased at a $637,500 premium.

The price of $SPX at the time of execution (11:04 AM ET) was $4,144.18

Why are you retards so emotionally attached to random shitcoins? Just by this fact alone I would assume most of you are little children. They are all vehicles to make money. "Believing" in Altcoin#10531 makes you very stupid. Hold BTC and ETH for the better part of the cycle and get into lower caps later (and SELL them instead of bagholding).

Most of the altcoins from the last cycle won't make ATHs. I suggest getting into newer ones with no bagholders. Still plenty of money to be made in alts, but holding dead 2017 shitcoins is not one of them. Needed to be said.

Or maybe you want me to say how your favorite project IS the next eth and you and your little discord group are the only ones who recognize it's true potential. In other words... sell LINK, it's probably going to $1.50-$2.50

>>55025883
si onions bobo

.

>>54877438
take your meds

We're probably gonna giga dump but I'm too busy tomorrow for puts reeeeee

Fednow spells the end of the crypto rich neet dream with your little gay crypto debit cards. Every single transaction will go through The Fed, your tax evasion crimes will be revealed really quickly. Your crypto will be seized and market dumped by the fbi.