/biz/ - Business & Finance

>everyone's going to lunch and wont be at their trading desks
>doomp it

>>54813196
once this recession takes hold and silver goes back down under 20$ i'm buying some of those scottsdale 20oz bars

>>54435146
>is turning you into a transphobe bigot.
being transphobic is the correct moral position. trans people hate Jesus, so we should shun them. to make this business related:

12. transgenderism is a terrible idea that will hurt more people than it helps. the ONLY reason it is being pushed so hard is because of money. the average cost to transition is about 150,000$ per person. multiply that by an estimated trans population of 1.4 million people, and you have a market worth in excess of 200$ billion, which is larger than the entire film industry. this is from Forbes magazine, not a number i just made up in my head

we're in a crabbing pattern because of the 0dte SPY options situation. contrary to popular belief, it's not retail doing it all. 95% of the 0dte volume is from institutions seeking to hedge out single-day event risk, such as a JPow speech or an important economic release like CPI or jobs numbers

anyone calling for a bullish or bearish movement does not understand the mechanics of how this works:
>hedge funds sell calls to market makers hedge risk = market goes up some
>market makers must delta hedge the calls they just bought from hedge funds to remain neutral so they sell futures in a delta-adjusted ratio = market goes down some

hedge funds profit the premium from the calls they sold which will expire worthless 855 of the time, and market makers profit the transaction fees while remaining neutral. speculators to the upside and downside lose most of the time. rinse and repeat and SPY stays between 395 - 405 roughly

bulls lose, bears lose, neutral funds make money.

>source
i am ashkenazi jewish

>>53665421
>Ok wise guy, whats the obvious plan to do right now then?

US T-bills. 6mo and 1yr are both yielding ~5%. if you want to go shorter, 3mo are yielding 4.65%. you could take your cash and split it up and buy some 3, 6, and 12 month T-bills. or, you could ladder it and buy some 6mo T-bills now, wait 2 months, and buy some more and just keep rolling that until things get better / more clear and you will have cash coming to maturity, with interest, every 2 months, or something like that

whenever the Fed has to reverse course and lower rates, those T-bills share prices will go up as the yield drops, but you will have locked in a 4.5 - 5% yield while you wait AND remain liquid as you can re-sell the T-bills whenever you want. so you're making money on the interest payments + the share price appreciation once the Fed has to drop rates + you are taking 0 risk as T-bills are backed by the full faith and credit of the US Government - unless you think the gov will collapse within the next 2 years

>$1,000,000 in 2018 (pre-Covid) is worth $1,180,018.88 now

>$180,018.88 difference

https://www.usinflationcalculator.com/