/biz/ - Business & Finance

>>50312939

Fed will not pivot until all the people saying "Fed will pivot" have roped.

Of course, it's true they're going to inflate the debt away in the end, but they know you were betting on that, hence you were betting against the dollar, hence you must be punished even if they have to destroy Yurop and Weebland to do it.

DXY 150

>>50171930

He's somewhat right in that the dollar is one of the less shitty fiat currencies. Were he is wrong is that, like many dollar and bond bulls he is pro-US biased in his analysis. He says: "the dollar will be strong", meanwhile he is thinking: "I WANT the dollar to be strong because US good Russia/China bad... and me like CNN". You are free to agree with that viewpoint, ofc, my point is simply that he is not an objective thinker.

Hence, he will be right for a while and the USD will be strong (half because of actual FX fundamentals and half because Yellen wants it to be), but the second-order effects of this won't be what he'd expect or predict. You already see this with the Ruble strengthening so much that the Russians have to weaken it. Meanwhile he's salty on twitter shilling the pro-NATO Ukraine dindu nuffin talking points and saying the Ruble is only going up because they're cheating by having an export that everyone wants to buy. He will likewise be surprised by how quickly Dollar TINA breaks down when an alternative to the dollar (new BRICs currency) is actually launched.

>>49987000
I always like contrarian viewpoints that have some support. When everyone is screaming that something is gonna happen, you should probably be curious and research it. Like the people who made tons of money shorting the housing market in 2008. Doesn't mean that "do the opposite of what the majority agrees" is a great business strategy though

>>18912414
I expected it to hold until Thursday

>>18848552
>NO YOU CAN'T RESPOND
>IF YOU RESPOND THEY WIN
Leaf?

>>18676220
Hi schizo, how does it feel you won't be invited to the Mumbai yacht party

>>16962336
>store gold with a third party and use a card to spend it
Yeah hahah who would do that? Oh wait the entire fucking world during the most economically prosperous times in history you fucking baboon

>>16607759
The volume in the memearrow goes up every time it is posted

Is it too late to start to dca I'm poor still but been bullish on this for a while. Looks like we might dump a bit before going back up

Should I work a second job to pay off my debt? Make 52k a year right now before taxes, bout 100 bucks a day at this second job (after taxes)

Loan balance is 75k right now

Should I quit my second job? My 9-5 nets me 3200 a month after taxes, but working on weekends at a grocery store nets me an additional 400-800 a month (depending on if I work a full weekend or just one day a week)

Kinda burned out, but kinda like the money and I haven't been good with it lately.