/biz/ - Business & Finance

>>57851796
>he thinks 2% is meaningful in a single day and reflects a trend in the market

>>57469262
Exactly: 0.96% Can't even round up if you go more sig figs.

>>56832009
>mysterious

Bond traders thinking they're cute and once again foolishly (and delusionallyly) front-running
>le FED pivot
of
>interest rate cuts in two more weeks
>stoppage of QT efforts by the FED
>return of money printer go brrrrrr QE any day now.
Basically the same as from October '22 to August '23 where trillions of $ were wasted, discounting debtors, allowing them to continue to gorge on under-valued long term interest rates.
Let's see how long it'll take the market participants this time to realize that le pivot once again only lives rent free in their head.
The FED is not going to cut and/or start stimulating into a red-hot economy that is literally firing on all of the cylinders.

>GBTC made new ytd high
It's only a matter of time until btc follows, 36k before eoy?

>>56194554
>Low IQ doomers think this actually matters.

The government borrows money from the citizens called Bonds, then the government pays it back with the money it takes from the citizens called Taxes.

The government can never go broke as long as citizens buy bonds and pay taxes.

>>55888780
It just don't make sense I tell you what.

>>55680930
>0.05 buying power

But really though, what will Jerome say that could surprise the market

What businesses did well after the 2008 crash? I was thinking things like credit repair, repos and such.

>>55500345

Pick a very diversified index fund.
S&P500 grows >12% a year and yields about 2% dividend.

If you started with $3 million you would have $60k/year dividends AND future dividends growing far faster than inflation

>>55432910
>rejects student loan forgiveness tomorrow

YOU borrowed the money, now YOU pay it back with interest!

>>55382483

>>55296602
software was a bubble. People were doing 3 month bootcamps and getting salaries comparable to Engineers with 20 years experience at fortune 500s. Not even to mention half of the smaller companies never made a profit and never will. They were just blowing through funding as fast as possible. The more they hired the more money they get. Profit and realistic business models were afterthoughts. Crypto is one of the more obvious examples. SWE is still probably the most lucrative industry to be in right now, but time will tell how competitive salaries stay when literally millions of zoomers all studied Comp sci because they thought they could work at fagman and get 200k TC out of college

>>54919161

Recession.

This might have been his most stop triggering speech yet. Well done chair Powell.

>>54017144

>>53909462

what in the ABSOLUTE FUCK is today?

>>53622340
My favorite is all these clowns doubting Powell could pull of the soft landing.

>>53609230
Don't freak out but it's a surprise 2% rate hike my dad works for the Fed

>they thought he wouldn't work like a madman to get his soft landing
kneel

>>53514967
There is not going to be an airdrop anon.
The team is based in the United States, they cannot do an airdrop without incurring the wrath of the Securities and Exchange Commission.