/biz/ - Business & Finance

So what the hell prompted this gigapooomp? Inflation "under control" and "low enough" so they can keep price gouging? FED chickening out again?
Some indices are up +2% ffs. Good for me since I am a permabull but wtf even warrants this pump?
Oh right I forgot... apparently the market "crashed" to price in worse inflationary data so it is now making up and more

>>57753959
>Never listen to women bros
My mom earned our family millions of dollars by bigly buying US tech... but sure, never listen to women.
You only have yourself to blame.
Anyway, we pump today. Just like last time.

>>57688338
EU is lucky that this year has been warm + lots of rain + windy --> "cheap" electricity (which is a huge part of the inflationary package).
China seems to have stabilized and the US is growing so the export industry is still doing great.
Gasoline and oil is kind of on the rise so I fuckin doubt we will get a cut. Why even cut? These rates are still far below the historic average and are not restrictive at all.
But EU has decided to just gigapump and that's that.

Boy does it feel good not being a smelly permadoomer bobo