/biz/ - Business & Finance

>>19934380
after blowing $3k on options and trying to short, i can say with full confidence that penny stocks are the way to go, as long as you take tips from /ptg/ and then put in at least a solid hour of your own DD. at the very least look at the heckin' chart and see if it's curving up off a low range.

>>19742401
corporate and consumer debt is tiny compared to sovereign debt. remember 2010-2011, the PIGS (portugal italy greece spain) sovereign debt crisis? it was never resolved and it's probably getting worse. except now you also have to include turkey. and deutsche bank. browse enough finance sites and you'll hear about derivatives market being 1 quadrillion:
https://goldsilver.com/blog/the-global-debt-bomb-debt-derivatives-over-1-quadrillion-dollars/

propping up stocks and corp bonds is just a smokescreen to buy time for them to fix all the bigger shit that most people don't understand or don't want to talk about. but yes, consumer debt is a big issue. how are people going to buy more shit and houses, if their credit limits have already been maxxed out, and they either lost their job or working fewer hours?

>b-but camwhores and onlyfans sluts are making $100K+ and people are buying teslas and peloton home exercise bikes! so the economy must be doing well

the economy only appears to be doing well only because it's flush with tons and tons of fake fiat. bankers and CEOs getting multi-million bonuses end up spending that cash and it ends up trickling into the system. so many of these camwhores getting huge paydays are being supported by those "the future is female" sillycon valley programmer simps who get paid $250K salary, and that's sustained because more funds keep pumping into tech.

the fed is now attempting to cushion the drop by pumping tech. and that's why you see nasdaq up a lot more, or down a lot less, compared to DJI or S&P. they're going to boost tech first, especially by backing bad corp debt of companies like tesla, then banks and retail/consumer discretionary, then commodities like US oil/shale companies.

they think doing all that will distract the market away from looking at the massive 1 quadrillion derivatives bubble, which can pop faster if stocks tank. this is why JCPQ and HZT are still around and not $0 yet.

show me thine hodl face