/biz/ - Business & Finance

>>56595331
I'm at 150 and I have 20/20 vision. Bigger text is better. I never understood why normies never zoom in and keep reading that pathetically small font size.
Has nothing to do with turning 30. It's just comfort thing

>>56411349
>protect the yen
It's already down in the gutter. Do they really think they can prevent it from going 150+?
Japan is interesting this year. More and more funds and investors are going into Japan

Damn, the EU really doesn't give a crap does it? Besides DAX, most are not even -0.5%. Dead cat bounce soon?

>BoE pauses
>British pound is taking a pounding
I guess it makes sense for them to pause since they are already getting hugely fugged by everything else. Good luck getting rid of the inflation though.
Oh wait I forgot, they desire a high inflation :). Oh how the mighty have fallen. When I was young, everyone always looked up to the Great Britain as some sort of infallible empire...

Am I retarded?
>Unemployment UP
>Labor participation rate UP
what? Aren't those two inversely related?
>Payrolls UP
>Payrolls last month revised DOWN
>Hourly wages down slightly
I fuckin hate jobs reports as they don't make any sense at all to me. They also seem heavily manipulated as they get to choose which data to hold and keep and use and which companies to survey.
Still, seems bullish overall... though, coupled with personal spending bigly up... nah, JPow is too much of a puzzi to raise now

>>55906822
>Downgrade of some banks
>China FUD
Yeah, essentially no news. The market is largely unaffected. There was certainly no reason for tech to fall (and some didn't, like NVDA)

>>55853702
I am not. I am a LUMbullChad. I am awaiting cheapies but I really suck at picking up the bottom. I have no idea how you guys can pick the bottom or the top so well

>>55741490
I have positions in NVDA of course but I also want to get into QCOM. I am a diversifying retard
>>55741496
I ain't shorting m8. I just wanna come in cheap. Provided either Amazon or Apple misses (fat chance I know), QCOM will most definitely go below 110 (hell, even 100 if we are lucky)

>>55727720
>AMD earnings
>EPS $0.27 (2022) vs $0.02 (2023)
>Revenue down by a billion
>Operating margin 0% vs 8% last year
>Net income basically zero

So, one of the big three credit agencies have finally given in. But to be honest, does this change anything? The other two still maintain the US economy is better than good. Anyway, didn't last time's downgrade end up being bad for the agency? Didn't the US punish them?

>>55710535
Longterm I'm very much bullish on copper but it all depends on the US and China. Fugg id, I'm just gonna hold. It even gives nice divvies so why not?
Gonna be interesting if it can break the $4 barrier

>>55678212
Good post. It might be different for the US but last time I checked I believe adjusted spending is also close to ATH here in Scandinavia. People here have short-term bound mortgages and loans (which is absolutely retarded and they will pay for it dearly this and next year as the loans get re-financed but NPCs will be NPCs) so they keep spending and spending.
The thing about spending since one assumes things will be even more expensive in the future holds especially true in regards to the housing market. A lot of people I know bought a house last or this year since houses actually have some physical value and since the market is so un-safe right now.
But as has been made clear several times before, economy =/= market.

>>55656336
A lot of what ifs... yeah of course China is a bit fickle but that's how life is over there. If they fail, bullish for the US. If they succeed (i.e., prevent themselves from fugging up), also bullish but this time for everyone.
Win-win situation (except for those holding commodities of course)

>>55621180
Weird, huh? Wages are reportedly increasing, people are working more and more hours, unemployment at ATL levels... yet it seems taxes are decreasing? Are people paying less taxes? I highly fuckin doubt it.
I believe someone mentioned the "government crowding out effect", but even that does not fit seeing as the private sector is borrowing more (M2 increasing) and wages are increasing
Just weird. A 20% decrease is quite a lot

>>55588154
Go outside m8 and take a look around you. People are rich, no-one is struggling, low PPI/high core inflation = substantial profits = stocks are doing exceedingly well, people are borrowing again, M2 increasing, and so on.
Nothing was terrible, it was just a cheap FUD.

>>55575340
Good song, though I prefer this cover
>https://youtu.be/41KtfrOQdxk

>>55575374
Right? Would have been +100% on pretty much any big tech, and I would have avoided this insane volatility of commodities

>>55530326
Realistically, I'd say 5000 by EOY and 5500 or 6000 next year. The industry spending + increase in M2 will ensure our bull run

>>55512894
>>55513066
How? You could have bought all the big tech at exactly ATH in 2021 and still would would have been in the blue by a significant margin
Same with energy

Pros:
>Simple and easy work/money
>Damn good pay
>Relatively active work (but not that much)
>You learn valuable life skills
>Boomers

Negatives:
>Boomers
>Easy to overestimate how active the work is and thus becoming fat (many such cases)
>Boomers
>Possibility of white trash NPCs
>Elitism
Hmmmm, simple job for couple of years but if you are not planning to establish your own company, I would recommend getting out as soon as possible. The boss will always try to fugg you in the ass

Bros, I think I am in love with Lum. What do I invest in to impress her? I think she would like something simple and normie like DG and Walmart

>>55464572
Agreed... then again that's a low bar for comparison. But it's a needed job unlike most government jobs. Still, milk it for all it's worth since. Easy, simple, comfortable. Then again, doesn't really pay all that well unless you are in the higher places. Perfect job for fags and women

>>55456453
You still reckon that the markets are gonna dump on account of 4th of July? I am thinking about going into a bear certificate as the US closes today

>>55430780
>>55430796
Yeah, copper is very bullish long term but right now? Ehh... I'm up 40% so I don't really care and just gonna keep buying more. Nice divvies as well
Still, I could have picked any growth stock and been +200% so yeah, commodities suck

>>55419488
You honestly believe EUbros can provide the necessary volume to affect US stocks? Come on man
>>55419498
Qt mumei. I think she wouldn't approve of you hating on EU, bro

Bros, I am longing gold since yesterday. Sell before Powell's pussy statement or hold? I feel like he's gonna chicken out again so it's better to hold. Sure, he might have said that he cares about core inflation but in reality the state needs to hold on to the high inflation for as long as possible to erase the debt so I feel like he will definitely pussy out