/biz/ - Business & Finance

>>56350914
Jerome pls go.

Aren't ETF purchases mostly cash, and not credit/leverage driven? That is, there isn't a debt aspect to overvalue it?

>>55245111
>I generally despise retail traders and here's why: They are typically short-sighted, antsy, undisiciplined gamblers just looking for their next hit. They have no respect or understanding of actual financial instruments and economic metrics, let alone any real knowledge of the strategic and tactical profession of a legitimate trader. No, retail traders tend to simply chase their next high. They see something pop off and think "To the moon!" and not "This is acting unexpectedly to the fundamentals in play, but I can still take advantage of this movement -- I must now hedge accordingly and monitor this security closely."
>Boring? That's the way it should be. That's the way it always has been, that this is a gentleman's sport of skill and not merely a dance of chance. Ask these men, if they can be called that, for they behave no better than giddy childten racing snails: What does one do when they are in a profit? Why to them they continue holding! Holding until... it goes back down. No trading sense, no investor sense, this what we call nonsense. When you see one of these cretins boasting, ask them what principal were they working with, how many lots, what cost basis did they start with? What time horizon, what level of risk tolerance, what strategy? They return with a blank stare and a dumbfounded smile as if to proclaim silently "What are those? I'm just here to make money and want to talk about the next hot stock." Thankfully I can always be on the other side of their trades.
>Letters from the Trading Desk

>>55242421
>>Everything is in the shitter right now, and the gibs have run dry.
>Simply not true.

GUSH now?

We assess the current stock market thread liquidity to be stable and ample.

>>53621225
You've read one too many copypastas. He is actually a very cool guy.

>>53548217
The only thing dumber are the gorilla niggers operating them, myself included.

>>53445703
>He doesn't know Jerome has been posting here since the meme stock craze took off

>>53223830
I am literally Jerome Powell.

>>50226963
Who said we haven't?

>>50194835
Thank you, Jerome. May I call you Jerry?

>>49646680
>The Fed board is actually Tyler Durden
Somehow this makes sense.

>>22005798
>engineering job
>cant do the napkin addition to realize 1.5m isnt remotely close to financial independence/retirement

>>21847491
be careful what you wish for, with inflation, we'll all be in a decade

>>21793698
>does anyone use their GFs asshole for its intended purpose of shitting an earlier meal?
>does anyone use cough medicine for its intended purpose of helping a scratchy throat?
>does anyone use political office for its intended purpose of representing your constituents?

>>21646087
you can post the opposite of your trades as a subscription service?