/biz/ - Business & Finance

>Everything is still going up
MAKE IT STOP. YOU ALL DON'T UNDERSTAND WHAT YOU ARE DOING, STOOOOOOOOP! THE WORLD IS GOING TO SHIT, NO ONE IN CHARGE IS OPTIMISTIC OR HANDLING A LOT OF MONEY. WE ARE LITERALLY RALLYING KNOWING FULL WELL IT IS TEMPORARY, LOOK TO THE FUTURE GOD DAMMIT.

>JPM earnings down 70%
>WFC earnings down 95 FUCKING PERCENT

Excuse me. EXCUSE ME. How are we rallying and not experiencing bank runs right now? Can Jerome even save this? This is way beyond any expectations I had for banks of all things, I can only begin to imagine other industries or how Q2 will be.

I want an honest answer with memes aside, from anons who know what they are talking about in general for the market. Is this recoverable? Can we actually print our way out of this and not need wheelbarrows of cash to buy a loaf of bread? How long can this go on? I do not understand how this is happening, and "clown market" isn't an answer because eventually reality always wins. I am a bear, sure, but I am also a bull in good times. These are not good times. I am not just scared for my portfolio going long or short now, I am scared for real life and our future. If we just crashed like memes wanted then we would go down and back up, normal even if life sucks for a bit. But this. This just feels so wrong right now, and I want to hold onto someone in fear for our lives and money in general.

>>17962983
Nah, I did and yelled at the thread for being wrong kek. Just thankful I didn't get rekt.

>>17963002
So basically, wait and short more? I can buy everyone doing puts right now and hedging, /biz/ was right and I suffered opportunity cost for it. Just the question is will it stop pumping after Trump speaks, or at end of the day?

>>17963027
Might as well, can't day trade anyways. I sold for very small profit to cover my small short loses earlier and bought back in cheaper than I did before. I am growing convinced that on Monday Hell is coming.

>>17963083
Market aside, actually based. But with increasing layoffs surely this won't mean green Monday too. Market defied all expectations, scared to bear or bull.