/biz/ - Business & Finance

>>57326097
>not go completely insane?
Are you sure this hasn't happened yet?
Look at the state of our society, we gave women rights, we let niggers run amok, we print infinite money, and we have open borders.
Sounds pretty insane to me.

>>57179857
Powell had to do it since the markets were getting a bit too bearish. He always throws a curve ball. Plus, the inflationary rate has peaked 1.5y ago in the US so it's much easier for them to bring it down to the 2% desired level. We shall see about that though. I highly doubt they will hike but they probably won't be cutting anytime soon in my opinion.
Lagarde, just like the rest of these bureaucrats, is full of crap and is always riding the current wave. They keep changing their tunes every few months. But all of them were extremely slow to react to the high inflation and to me that is unforgivable

what's the business and finance themed movie tonight

>>55781552
Most tech doesn't get access to some nice ZIRP loans unlike mega tech caps so obviously they are getting shagged by the "high" rates. This is why mega caps are carrying this market on their thick backs.
But some tech is doing spectacularly well despite the rates, like for example Broadcom

>>55614773
>the people who didn't pay their loans will surely repay them after the pause

>>55337942
>thanks to the miracles of modern medicine we were able to save 22 of them.

NVDA at a nice accumulation range rn

>USD transfers halted in US
>BTC pumps
The absolute state of crypto

>tfw me enjoying on the sideline this nothing burger shitshow

>>55230933
>only thing better than aids is aids and a poopie dick

>>55165785
>inherited trumps bad economy
>inherited COVID
>putin's price hike
>corporate price gouging
he single handedly defeated it all while building the strongest and most robust economy in 80 years. job growth is so high people are getting 2 even 3 jobs! wages are increasing as well the more jobs they get! stock market primed for an all time high and a fresh debt ceiling for new spending. the next year will be his greatest year yet!

>>55164362
Mumus have been historically proven correct
>>55164370
Oh nyo oil and gas going up... but compared to last year commodities are incredibly cheap. Inflation numbers are going to come in real cool, additional bullish factor. Except for service inflation but nobody cares about that

>those $410 0DTE NVDA calls
last chance to load up

>>55091324
already slurped twice today but this value can't last much longer. you convinced me to slurp some more tomorrow.

>NVDA $400
this looks like a good entry point

>>55081940
Yellen, Trump, McCarthy... doesn't matter. I just needed a scapegoat. Nobody has the power to initialize a default. It's just not possible at this point. Maybe they will find some way to skirt around it but a complete default is simply not even possible. That person would get fuckin assassinated
>>55081934
Bullish. NVDA will carry today and tomorrow. Just watch DAX fuckin gap up. Peak clown

>10:45 AM ET
>President Biden Delivers Remarks on Preventing a First-Ever Government Default

>>54984245
That's because people are stubborn and spoiled. Once you get accustomed to living a certain way, a normie will not go back. There is a reason people nowadays either work longer hours or get an extra job. Once you get used to being a consumer, it is tough to break that habit... especially when so many things we consume are "cyclical". People renew their licences every month, skin-care products every month, phones every year, and so on and on. Don't even get me started on clothes and especially shoes. People will never budge on those. Clothes and shoes of good quality will be bought at any price, even if a depression were to descend upon us.
That's how it is. First you raise prices by 200% --> angering people, then slash by 50% --> appeasing people, and you come out as a winner with 100% higher profits. This shit is literally too easy for companies. This is why inflation has always and always will be extremely bullish.

slurping this nvda dip

>>54893633
>resistance lines at 395 PE
>445 PE after that
>on its way to be 1000 PE EOY

>apple beats earnings
>every bank pumps

>>54541613
Why did she do it?

>energy and oil day before CPI

>futures