/biz/ - Business & Finance

>>54031601
>1pbtid

>>54031601
Finally a cute /smg/

Okay, I don't know if this is actually incest since it wasn't something actually sexual in the technical sense but here goes.
When I was little my mom used to put a buttplug in me (which she called a poop plug) and I'd wear it all the time. I was told only to take it out to poop, wipe my ***, then put it back in.
I was really young so I thought this was just something everybody did but one time at school I dropped it when I flushed the toilet and it ended up getting flushed. So when I went back to class I told my teacher that my poop plug got flushed down the toilet. She had no idea what I was talking about so she sent me to the school nurse.
Well after trying to explain what a poop plug was for 15 minutes the school calls the police. The police ask me all these questions and at first I'm scared because I think I'm in trouble for losing my poop plug.
Turns out my mom has schizophrenia and was making me wear this ********* so Satan couldn't stick his cock in my pooper and make me gay.

>>54031601
buying the dip and selling the top as a strategy does not work
buying the top and selling the bottom must be the only answer

I am angry.
Is anyone else angry?

>>54031631
my bots lost 2% of $100 today and i want to anhero

>>54031631
No because I've been short all week.

two dollars and change in the bank

>money market chads
>deposit virgins

>>54031525

I haven't followed a Greg Mannarino video in a long time but everything he shilled was bad

>a commodity etf while the fed was trying to get commodity prices down
>crypto
>gold/silver
>qqq
>buy the banks

Fucking . I would love to see that dudes portfolio performance

>>54031631
That I didnt short mpw? A little

>Look what happened because of what you did, what it led to!

>People are dying. Banks are frozen. Money is being drained. Families are starving.

>You're laughing. You're laughing. People went insolvent because of what you did.

>NO NO NO. I think we had enough of your rate hikes.

How much physical cash do you have in the back of your freezer right now?

>>54031727
How much should I have?

>>54031727
Bout tree

>>54031749
I don't know that's why I'm taking a survey

>>54031629
I told everyone to liquidate their portfolio at ~4150 like 3 weeks ago when inflation came in hot. I sold all my shares except for BOIL. Even sold my JEPI. I had no clue a bank was going to default but it's pretty fucking basic that we tard pumped on all bad news and we are heading into another rate hike. You faggots called me a schizo and posted truflation graphs and kept talking about pivots and posting bulls and ath soon or whatever.

Anyways basically you never fucking listen

>>54031327
With a car you really *can* go anywhere you want.

>big pension fund bought 600 million in svb shares at the start of the weak
Lol thanks sweden

post your face when today was the bottom

>>54031777
I have 7 silver coins and a smaller gold coin.

>>54031810

>>54031796
well its hard to tell your advice from all the other advice, there was probably some guy saying put all your money in now. so how the fuck do we know to listen to you

>>54031777
One of my employees has been hiding cash in a small tin in our janitors closet to hide it from his wife. He asked if it was ok, and despite the fact it's retarded, I told him to go for it. He also has a safe at home with a bunch of cash and jewelry in it. He's not even aware of anything going on with the economy he's just part of the bell curve where even if you're retarded you sometimes make the right moves.

>>54031810
Bottom isnt in until the mormom mafia either make cathie maddoff an hero or she becomes a concubine

>>54031807
You serious? When they were like $260 a share?

>>54031851
I rarely listen to anyone here. I come here to try to help a few people and because I have some type of autism and the racist memes are funny.

Basically anon rate hikes and inflation are intact bearish.

>>54031707 Chairmen Powell has run a muck and led to the billions of dollars lost due to his reckless policies.

Wallstreet deserves a better class of criminal. And I'm gonna give it to them!

My name is Janet. Janet The Felon Yellen. A former Fed Chairmen and the Current Treasurer. I will me whatever wallstreet wants me to.

Because She' not our hero: She's a silent guardian, a watchful protector. Giving us secret liquidity injections. A trillion dollar coins.

>>54031707
He laughs in the face of death. When people talk in terrified tones about not fighting the Fed? They mean him.

>>54031810
>friday after sillicon valley (not the bank) collapses is the bottom
lol

The dollar, just think of it like a promise from the government
But the value of the dollar has to be there to be relevant
The value of the dollar comes from China and Iran
When they put their cash reserves in a U.S. dollar plan

They buy treasury bonds from the Federal Reserve
We say "we owe you extra money cause you gave us some of yours"
That's a big part of the National Debt
All the interest that we haven't paid to China quite yet

And a hundred other countries 'cause we're such a good investment
The whole world gives us money we say "Hey we'll pay you interest!"
This is how money is created from air
Bank bailouts, federal budgets Money isn't really there

>>54031707
Wallstreet deserves a better class of criminal, and I'm gonna give it to em'."

Because I'm not your hero: I am guardian, a watchful protector... Giving secret liquidity injections into the system through trillion dollar coins. I am Janet the Felon Yellen.

>>54031946
>some random fucking Syrian shill getting paid to plug CCP shit to his tens of followers on Twitter

Why are you guys like this?

>>54031946
Russia and South Africa are on fire that's for sure

How poorly will they manage this crisis?

>>54031946
Chinamen and the Nipponese each only have 1-2 trillion of the debt. About 3t is the Social Security trust fund, another 5t is with the Fed. Wiping out domestic retail baggies with a default only nets us about 10t.

>>54031946
>The dollar, just think of it like a promise from the government
Irrelevant since 1970s. Thanks for playing.

>>54031946
Zoomers and millennials are starting to catch on that literally everything is fake and gay, and it's making the boomers absolutely seethe. That's been the best part of all of this. Seeing boomers say
>you can't just not work w-what about my retirement
>you can't just not spend money, what about my business
>you can't just rent a small apartment you need a mcmansion and a 100 year mortgage.
My boomer boss is losing his fucking mind over it and I'm absolutely loving it.

>>54031707
March FOMC..

>75 BPS
>NO REFUNDS LOL

>>54032043
My favorite is
>you can't just ignore Putin reclaiming his shithole puppet state

Slava mykraini, bitch. I won't care until you pay me some of that Burisma cash.

>>54032056
Oh man I completely forgot we're having FOMC cause SVB was so big

>>54031727
Canadian. About $500 physical and 224 oz silver

You guys wanna see something cool? I just checked when I sold all my shit and came here to tell /smg/ to liquidate everything

>Feb 13

I was within 7 cents of the local top of JEPI and $1 of the local top of the sp500

>>54031601
What Bad Dragon should I buy?

?

>>54032113
Very nice.

>>54032121
Pretty sure it's driven by this https://www.thinkadvisor.com/2023/03/08/schwab-nyse-and-citadel-unite-against-sec-market-rules-revamp/

Plus general weakness in the broker-dealer sector. Turns out broke people don't actively trade and nor do people frustrated by crab markets.

Why doesn't every profitable company pay a dividend?

>>54032192
Dividends are a waste of money that should be spent on growthmaxxing.

>>54032192
Sometimes they can earn more of a return from reinvesting the cash in the business than if they pay shareholders out and borrow that cash in the corporate market.

And sometimes they *need* cash to operate. There's a Bank in Silicon Valley you can ask about that.

>>54032173
>sold everything 13th
>cpi 14th (hot)
>markets peak the 15th

Don't let people tell you that you can't or shouldn't try to time the market. It's been pretty fucking easy in my experience

fuck everything, I'm gonna keep putting money in this fucking market cause if there's one thing I remember from Buffett is that be greedy when others are fearful

>>54032192
idk but it makes me so angry that I bought more DOLE.

>>54032244
This time is different. It's actually over. Stocks will never go up again.

Okay major happening from outer biz.
The stable coin USDC held their backing in SVB and now they're illiquid so there's a run on USDC now caused by the run on SVB.
Developing story

Here is another one I shilled and everyone told me I was crazy and it was going to zero

>9.06
>52 week low 8.88 (same day)

>>54032281
doesn't look like much of a run, more like an extremely slow shuffle

>>54032281
Eh, probably won't go anywhere since these numbers sound about right: >>54028496

This dude also seems to know his shit and is saying there's zero chance of serious haircuts for any depositors: https://www.youtube.com/watch?v=vU1g7ZUQkWI

Guess we'll see though.

>>54032232
Just as DAN predicted

>>54032317
My cost basis doesn't even show up on the 3 month chart. Says it was 9.14 that day. Lmao

I'm looking at this HIFS shit after the 20+ shill posts last thread, and I just don't see the appeal.

They've got a decent history of performance, but as it stands they're expensive relative to tangible book value. That means it's not a value play, but a growth play. When you buy a bank, you're acquiring a piece of that profit stream between deposits and loans. With Hingham, you're paying a premium on the belief that they'll continue growing. I haven't looked in depth yetso maybe there's more to this story. Their current dividend yield is weak, although growing.

The first thing I like to do with a bank is check the website. It runs and looks pretty decent given their size - a lot of regional banks cheap out on this.
They have a tiny footprint - only 7 branches mostly in the shitty state of Massachusetts. It's a Boston suburb and they also have a branch in Boston proper and several branches around Cape Cod and one down in DC. You can tell they're appealing to a certain group here. They have their niche. They're not looking to appeal to BIPOCs and get the ECIP money. Most of their branches don't even open on Saturday. I find that surprising - most regional banks gain value from the human factor of their customer relationships.

Their yields are unsurprisingly uncompetitive, but perhaps their customers don't give a shit that t-bills yield 5.3% right now. Actually after today's shitshow I suppose the yields back to 5.1%. Still...
They don't even list their savings account rates. You have to call them.
My fear with regional banks in general is that they've relied on the past decade of ZIRP policy and customer contentedness with getting absolutely nothing on their cash kept in checkings/savings accounts. It doesn't make sense at this point, but as long as the deposits keep flowing then they can maintain profitability even if their current books may need to be marked down internally.

Next up is a quick read through a few annual reports...

>>54032281
I feel like shorting gold.
Why? Because nobody else is. Right now the gold ratio is about to fucking moon. Short gold and long silver for mean reversion.
You have banks falling like dominoes, systematic risk wrecking crypto and exchanges, and everyone is going to pile into safe haven assets. Even bonds and USD might become toxic

>>54032271
Id rather take my chances either making it or going bankrupt, idgaf anymore

>>54032317
That's certainly good from a technical standpoint but I dunno, feels like a diceroll or pennies in front of a steamroller deal unless you really *know* Lula and all the domestic/international Brazil politics shit.

>>54032244
I don't disagree with your sentiment but reminder that we could end up doing 2000 again.
>Surely this is the bottom 3 years in a row from 00 to 02
>Phew, we've finally got back to ATHs. Nothing can go wrong in 07

>>54032341
The image failed to load. Here are the rates.

>>54032232
so cpi is going to be good and then it crashes again after Wednesday gotcha.

>>54032371
I'll take my hour-saving DD shortcut and pass on account of those almost all being women (and a colored).

FTX, SVB's chief investment officer, at a certain point there's a clear pattern you can figure out...

>>54032361
Lula has been president before and Petrobras did fine. It's p/e was down to like 1 and everyone was max fear. Easiest fucking trade of my life other than going balls deep on KOLD at $10

>>54032329
1/6 of their reserve is a misinterpretation.
The worst case of their wording could be that 24.9% in SVB and the rest at the other 5 banks

>This dude also seems to know his shit and is saying there's zero chance of serious haircuts for any depositors
I don't doubt that at all but USDC has to operate on weekends and their bank only opens on monday

>>54032344
Gold is kinda schizo and does its own thing. But shorting it is probably the right call only because it SHOULD be going up. So makes sense to invert that

>>54032399
That's just the customer service team. It is always good to check up on who's running your business though. Racism/sexism is a surprisingly effective filter sometimes.

>>54032383
Biden literally shilled that CPI was going to be good so I'm sure they are busy fudging all the numbers right now.

I have no thesis up or down right now. Cash till they play the cards with cpi/fomc. No fucking way I'm gambling that shit

>>54032401
True, but that was what? Two decades ago? If, like, Clinton took over from Biden I wouldn't rule out his administration being more woke and hostile to business than the first go around.

Plus the BRICS shit is just asking for "nationalize PBR, claim piles of money from Western investors, make second pile of money by turning it into a 50-50 venture with Sinopec." I don't know Brazil well enough to say that 100% couldn't happen though.

>>54032454
US glow niggers literally rigged the election so Lula would win and the "evil conservative Bolsarno" would be out of power. The idea that a CIA glow nigger puppet president is anything other than bullish was silly

>>54032317
meanwhile me waiting for this shit to pump back to pre election levels for ages

>>54032121
Wait they were down ANOTHER 11% today? a 25% drop on a large bank IS NOT due to some SEC ruling. FUCK I HAVE ALL MY MONEY IN SCHWAB! AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>54032482
It would be faaar from the first time a glownigger op backfired but I get your point.

>>54032482
Bolsonaro was more pro America pro western than Lula is so this will never not be hilarious to me lol

>>54032502
I only held it for a few weeks and bagged the gains. Could have bought more and held it longer but desu its a solid longterm play and a good way to be risk off of American shit right now.

VALE is another based low p/e Brazilian divvy stock

>>54031727
You trying to rob me??

>>54032510
*had
You had all your money in Schwab. :)

Imagine if someone had $SIVB puts going into today. They woke up this morning to the stock down in premarket another 62%, thinking that they hit the jackpot. Then an hour before the RTH open when the options could be sold for a massive profit, the stock was halted forever.

Remember the game is rigged. The reason Michael Burry was able to win in the big short was because he was considered an insider.

>>54032528
He was anti vax, pro trump guy. Nothing glow nigger at all about him. Hint look at the new administration

>>54031601
ok retarded question here; What the fuck was Twitch doing with SVB when they are owned by fucking Amazon? Is that streaming company really that unprofitable?

>>54032627
It was the hip place to bank. JPMorgan? BofA? Lame boomer shops.

Just running payroll through them would count as "exposure".

>>54032602
Yeah I personally think they only removed him for not complying with covid, which I still find hilarious because there was 0 chance of him becoming any sort of threat to real US interests compared to Lula, who even if glownigger installed is still more of an uncertain wild card compared to Bolsonaro who was getting buttfucked by the supreme court his whole presidency and did absolutely nothing about it. He was also a major friend of Israel, big Zionist.

>>54032650
Jews are germaphobes hypochondriacs and communists/socialists. America is run by jews. Take your 5th booster you fucking goy

>>54032534
Brazil is crazy undervalued in general. Most of South America is.
Particularly oil. Everyone gets scared of shit like PBR, EC, PTAL, VIST, YPF all exporting Brent pricing with massive margins because they think the countries are gonna go full commie.

Meanwhile in the english speaking world: Buyback taxes in US, windfalls threatened, banks won't lend. Windfall tax in England. 75% windfall tax in Ireland. Norway is suing their oil producers for climate change lmao. Their entire wealth comes from oil.
The one country that all the big fund managers seem to love shilling investments in right now is Canada, but if you actually look at their situation: Pipelines cancelled, throughput throttling, $30 WCS discount, constant eco-terrorist attacks from the "first nations". Canadian dollar likely headed into freefall soon as their real estate bubble collapses.

>>54032686
Imagine thinking a 1-2 p/e iron ore or oil company in Brazil is too risky so you buy Coinbase stock instead...

Glowniggers (jews) want communist/socialist governments. Lula was preferred by far

>>54032649
kek Twitch has been bleeding out so much money lately from shitty advertising mcms and viewership declining, among other problems. If they seriously banked a shitload of their money into SVB, then I give them several months this year before they close doors.

Amazon was already pissed off at their lackluster investment returns lately and I really do think that will be the straw that fucks the camel's back.

Ow likely are Canadian banks to avoid this problem? We don't have nearly so many small banks as the US does

>>54032686
South America is and will always be a shithole. It is probably the best place on earth climate and nature wise, but everything else about it sucks.
It has no human capital. Everyone is dumb as fuck, intelligence is not valued by most. Anyone that is actually intelligent or hard working instantly migrates to the US or Europe.
Everyone is corrupt, from the highest politicians to the lowest policemen.
The entire court system doesn't work. If you have any investment here and somebody fucks you, good luck getting anything done through courts. Lawyers are lousy and don't know shit and just try to scam you out of your money, everything is slow as fuck and most judges are corrupt.
The level of violence is unbelievable and since the retarded covid lockdowns it is only skyrocketing because anybody young and poor trying to make a honest living got fucked and joined the cartels.

>>54032729
Well the dynamics are pretty universal
>Banks buy ~1% yield "safe" government bonds during QE
>Central bank hikes rates drastically
>Banks can baghold ~1% yield bonds until maturity no problem...
>...but if they have to sell the bonds they're technically worth 60 or 70 cents on the dollar...
>...and if their customers make a run on them, they need to firesale the bonds and, whoopsie daisy, don't have enough money and are forced to close down

>>54032778
>Banks buy ~1% yield "safe" government bonds during QE
It's worse it was mortage backed securities

>>54032773
I've traveled all over the world and been to lots of third world countries and the United States is the most violent, corrupt shithole full of fat retards I've ever experienced...

Haven't been to Brazil specifically but I unno man.. you kinda seem like a sheltered "God bless America greatest country on earth" retard

>>54032797
We don't have MBS in Canada.

and >>54032778 the rate hike paused for now so as long as they don't hike again tooquickly maybe we can avoid this?

That being said our rate hikes must follow US rate hikes

>>54032043
>living like a bum to own the boomer
bold strategy, best of luck to you anon

>>54032773
>intelligence is not valued by most
Reminds me of North America.

>>54032797
True, but we've got that Fannie/Freddie thing so post-2008 they're pretty close to guaranteed/risk-free, Basel III and all. That's how they were trading at 1.5%. I don't *think* there's an equivalent in Canada...

>>54032854
The whole thing reminded me of the US. A judge in my county overdosed and died and they found fentanyl and cocaine in his house. Every single news article was about how tragic it was and how honorable he was etc

>>54032828
>maybe we can avoid this?
Possibly? Financial disclosures on banks should include their unrealized losses (i.e. bonds they have to baghold). So long as those don't swamp the bank's equity and liquidity they can keep chugging along.

As a ultra bear I got to greedy yesterday fomoed in and lost 400 dollars gambling with options.

The next time I have fomo I will close my browser and watch some big fucking anime tiddies. It will not happen again.

>Be goy
>want to save money for the future
>"oy vey, put it in the market or it'll be wasted by inflation"
>index funds shit the bed on top of inflation eating away at the underlining value
>"noo nooo goyim, put it in bonds!"
>bonds fail to beat inflation, your money is given to other countries
>"nooo you silly silly goyim! This is a bear market now! Things are crazy...put it in the bank!
>bank goes insolvent, you'll have to wait 1-2 years to get your money back if you put in less than $250k
>"Uhhhhh goyim? Obviously you need to put it in gold and silver!"
>futures trading surpresses prices of pm's to keep it from competing with the usd
>"Shiny rocks goyim? Really? Put it in crypto!"
>crypto drops like a fucken rock
>"Nooo goyim! Try yield farming with stable coins!"
>stable coins depeg, massive rugpull
>"Look goyim, you need to buy realestate, its the safe play"
>real estate market collapses, Nothern cities in freefall

You can only laugh.

It's a nothingburger.

>>54032913
you aint seen nothing yet. this is all planned, its the great reset. the scamdemic set the stage, now they execute.

>>54032913
Could be worse. You could be in a shithole like Europe where they don't even get money.

>>54032920
https://en.wikipedia.org/wiki/List_of_largest_U.S._bank_failures

Assets != market cap

>>54032817
I currently live in South America (but am not a South American). I am speaking from experience.
You would be surprised just how stupid people are here. Everywhere you go, anywhere you try to get anything done you are met with retarded and incompetent people.
I have gone to many expensive lawyers and everyone is complete fucking dogshit that is incapable of even looking up the most basic laws.
You either do everything on your own here or you are willfulling paying a retard to do it wrong.
There is a very, tiny, amount of people that are competent and take what they do serious. Do you know what they all have in common? They are all trying to learn a new language and fuck off to the anglosphere or Europe.
I would never in my life invest into South American stock, all it takes is one retarded president and you are fucked. The funny thing is that South Americans love to elect the dumbest of retards.
Thank god I will finish my work here soon and can fuck off, can't stand dealing with these people anymore.

>>54032920
SVB has 200bil total assets.

I'm not convinced this is the big one yet, but its ominous.

>>54032913
If you listen to jews you lose. Good thing they keep all the goys in a constant fog of drugs, medications, goyslop, hormones and diabetic sugar addiction until their brains barely function

>DONT TIME THE MARKET
>DONT DAY TRADE
bitch i make more percentage wise than you every year. ive never had a red year since I started. then i come here reading about how youre down 5% for the year because you dont know shit.

>>54032996
Post your sharpe ratio

>>54032968
I live in the southeast US and trust me.. everywhere I go I am met with retarded and incompetent people.

Are you really larping that American doctors and lawyers are honorable and not crooks?

>do everything on your own
Based

Atleast people there aren't fat and the girls will think I'm a cute gringo instead of fucking niggers and dogs like in the US

>>54032996
bitch i dont care about a sharpe ratio. I dont need to know that shit. all I know is I got real cash money in my account to buy leather boots with and you keep buying soxl or some dumb shit.

The fuck is going on

>>54033058
$2mil in trading volume for 20k in gains is 1% profit on average per dollar value of each trade.
If that's consistent then cool, but it's a pretty slim margin. For reference, my average profit last year was about 5%.

Silicon Valley Bank (SVB) was a commercial bank headquartered in Santa Clara, California. SVB was one of the largest banks in the United States and was the biggest bank in Silicon Valley based on local deposits, with a 25.9% market share as of June 30, 2016.[2] It was a subsidiary of SVB Financial Group (formerly Silicon Valley Bancshares),[3] a bank holding company[4] and a member of the S&P 500 index.[5] On March 10, 2023, after a bank run on its deposits, it failed and was taken into receivership by the Federal Deposit Insurance Corporation in the second-largest bank failure in American financial history.[6]

>>54033147
Remember when people warned about QE and zero interest rates being retarded?

This is that retardation.

What I find funny about the people in charge of America these days is how slow they are to react or address anything.
Yes that includes the Fed.

It will finally bite them in the fucken ass if they don't schedule a meeting Monday morning. Fucken sloths.

>>54033224
They do have an emergency meeting if the comments I read on stocktwits are true.

I'm gonna predict that the stock markets will be chaos next week

https://youtu.be/F3goSYkVPNE

>>54033157
when you put it that way you make it seem bad. As far as I can tell I made 60% in one year.

>>54033057
The only people in the medical community that should truly be respected are surgeons, and even then it's a very small, select group that are truly masters of their craft. Primary care physicians, nurses, and even most specialists are basically glorified google searches now. And robots will replace surgeons eventually

>>54033294
My sister is married to a primary care doctor. He is a dude bro stoner that smokes weed and plays Xbox all day. I wouldnt trust the guy over googling on my own

>>54033333
Checked. Going all in weed and xbox stocks.

I accidentally sent a doordash wagie a porn pic in the chat while he was struggling to locate the front door of my apartment building.
Was trying to send him a fucking pic of google maps with the front door circled on the map.
Decided to ignore the fact that I ever sent the porn pic, but I seriously got this rodent brained message in the chat a few minutes after the food delivery completed notification was delivered

I've got my networth in a boomer portfolio of mutual funds. Should I be worried?

>>54033357
I want Jerome Powell to be my accidentally-sexted Doordasher.

>>54033357
So were you down for hot anonymous sex or nah?

>>54033273
No. It's not necessarily bad. It depends on the frequency and consistency of trades. If you're scalping 1% consistently day trading then it's pretty good.

>>54033359
No. By the time you will be able to do anything Monday, either the Fed will step in with a pivot and rescue or your entire portfolio will be ashes.

>National heard of cattle at half century low

>Price of beef mooning

Oh damn, which food stocks should I invest in? Might short some, long some.

>>54032828
yes we do retard, how would QE or QT work without MBS?

>>54033405
Meat is antisemetic you stupid goy

>>54033405
>mooning
You fucker, I see what you did there.

>>54033357
>send a zoomer guy a dick picture
>he is a fag and wants to fuck

Rofl. Being gay and taking dick is bussin no cap frfr on god

i can't decide what i want to buy puts on.

>>54032966
>Assets != market cap
Then why is WaMu's asset total the same as its market cap at the top of your list there?

We should put up a poll and decide what to call the financial crisis of 2023.

Dot Com Bubble 2.0? GFC electric boogaloo? Panic of 23?

>>54033515

>>54031624
And yet you’re still gay

>>54033357
>you available sex
Kek well you might as well go through with it.

>>54033515
lol retail is so dumb
>buying puts after the bad news and over a 10% drop
we're going back to 4200 in a week

>>54033617
yeah that's the problem. there's so many choices!

>>54033587
Consider rereading your image.

March 7th, 2023
The Worm March Moon spiritual meaning Of Aka spiritual meaning of Worm Moon. The spiritual meaning of the full moon of March is that whatever happens now is non-negotiable. So be prepared to take a big leap of faith. And look towards your path forward with excitement and clarity of the month.
>no refunds

>>54033599
Jewtopian Implosion

>>54033380
>>54033464
it was a backroom casting couch pic, not even a gay dick pic

>>54033599
It's literally going to be so much worse with SVB exploding.
There's probably going to be a fuckload of layoffs over the next month.

>>54033764
>Doxxing where you live
Mr. Pooper Scooper when will you learn!
Oopsie Scoopsies! Doxxes himself TWICE and loses over 150K on leveraged tech.

>>54033764
whoops meant this one, but that's how the chat goes after the backroom casting couch pic

>>54033655
>lol retail is so dumb
you are retail. do not pretend you aren't.

>>54033812
You niggers already had my address, you dumb faggot

>>54033764
Wait is that you poem anon?

>>54033357
Don’t forget the tip

>>54033834
It's funny you mention it, I just so happen to be working door dash in Seattle right now and got a bussy pic from some twink in the app...

>>54033599

>>54033786
I expect that various govts will quickly have a loans program in place to employers whose shit is locked up in SVB, but zombie startups looking for additional rounds of financing are gonna be fucked hard

>>54033816
Maybe he's referring to retail workers.

>>54032913
yep. our generation is fucked. never getting ahead. never owning a house. its all so tiresome anon.
the good news?
we're fucking fed up. nothing feels more free than not giving a fuck anymore. i want to watch it all burn. and make no mistake, im going to help it burn when the time comes.

>>54033816
*whips out cfa*
now be my tranime bf

>>54033878
Kek saved

>>54033834
are you going to meet up with rocker now that both of you have nothing to hide?

>>54031796
You're just another tard like us. Just because you were right this time doesn't mean you got any better understanding than the rest of us.

>>54033764
So not only a gay pajeet knows where you live but we do to. How could your day get any better.

https://en.wikipedia.org/wiki/Mary_Barra

The CEO of GM is a woman. This seems like a good short opportunity.

>>54032920
its the weakest link to fail.
the other "bigs" can weather the storm longer, but make no mistake anon, there is a lag. the consequences of that lag in rate hikes are starting to catch up, the stress on the financial system is finally showing. the gig is up.

>>54034072
the jig is up*
>nigger

>>54033834
Glad your back bro. Was worried there for awhile

>from lehman to svb
What an astonishing career.

>>54034126
>gentile

>>54034140
I wonder if he knows.

>>54034126
>how do you do, fellow gentiles?

>>54034071
Didn't they just lay off the last of their American workers?

Yeah, GM's what I was thinking of: https://www.cnbc.com/2023/03/09/gm-buyouts-us-salaried-workers.html

>>54034126
>gentile
Now it all makes sense

>>54032650
Doesn't help that twitch is moderated by communist trannies in literal meaning. Also culture there is pushed towards homoeroticism to the point it's hard to watch it anymore.

>>54034126
>Joseph Gentile

I wish scoops was here to spam nigger...

Something interesting in the crypto pits, Coinbase's """stable"""coin USDC is completely in shambles. Basically it's a coin that's always supposed to be redeemable for exactly 1 USD. It is now trading at 89 cents.

If you had COIN puts going into the weekend you'll be eating REALLY nice on Monday.

>The bank which failed made the mistake of buying government bonds at the wrong time

>Government bonds moved in the "wrong" direction because inflation shot up

>Inflation shot up because the Fed had to unwind its post-2008 policies

>more fuel was added by the corona stimulus by the governments around the world, and a war broke out in Europe which lead to an energy crisis

World population is still growing which means pandemics will happen regularly. There is no evidence that there will be fewer wars either. So this cycle is going to repeat itself until the financial sector and government shrink to a more appropriate size. If no healthy equilibrium transpires the United States, nay the West, is going to lose confidence and power to other nations.

Buy calls on tlt and ief? Buy puts on roku?

>>54033834
If you want a lego build post a photo of one of the rooms in your apartment with time stamp.

>>54033834
It's unironically the NAFO discord troons who are doxxing people. They actually think this thread talking about the looming financial crisis for the last year is just the work of """""""""""""russian agents""""""""""""". They want to shut these threads down.

>>54034126
why would you ever hire a CFO for a company that went bankrupt. holy christ.

>>54034363
that's some impressive schizo, but even if it was true, NAFO won.

>>54034290
>COIN puts
Aw shit motherfuckers, I'm going to be rich.

>>54034422
He wasn’t cfo of lehman, just some branch of lehman

So the ATM declined my transaction today, and honestly I'm beginning to worry. When should I be draining my bank account, and where am I supposed to put it? I'm tempted to buy silver, but I know that will crash along with everything else in the coming weeks. Also, separately, I'm really worried about Schwab's stock shitting the bed.

>>54034511
Move to Thailand and deposit all your money there. It probably has much smaller chance of collapse than USA and it's cheaper place to live.

>Cashed out a month ago
Should I 5% back into ETFs on Monday or too soon?

>>54034126
Which one of you autists is running the autism capital twitter account. I know they must be lurking here lmao

>>54032944
Unfortunately true, I fear.

>>54034174
>>54034126
You can't make this shit up. All of the successful banks are ran by Levi Jew

>>54033815
>whoops wrong pic
Is that what you said after sending the dick pic?

You might be doing bad, but at least you aren't posting in /trash/gme

>>54032913
stocks are still way up since 2020. good larp though

what do you buy for the fall of the american empire.

>>54034962
Guns and ammunition.

I took my money out of my 401k like 2 weeks ago because I've been laid off for a month. I paid off some debt and put some back into stocks. Should i just sell and wait for this shit to blow over, or should i just hold and sell covered calls? I've only lost a little after putting money back in.

>>54035018
If the bond market is to be believed, this is going to be at least 3X as bad as 2008.

>>54035018
Just buy good companies. Simple as.

>>54034767

Oh please tell me /trash/ has a gme thread. This makes me feel better somehow.

I remember yesterday during pre-market trading there were anons here saying they were buying SVB before it got halted kek I wonder what happened to those bros

>>54035152
S

You get what you deserve.

Whats the best way to invest in Mexico?

>>54035192
Buy SPY.

>>54035192
Long DOLE, I hear those guys like bananas

>finally get a job and buy some shares
>market goes to shit
Every fucking time, why do I even bother?

>>54035280
Beats losing your job right as the market goes to shit.

>>54035280
Retard bro... if you don't want to think about investing, you wait for depression/recession wait until stocks hit a good low, buy index and forget for a couple years when it inevitably gets pumped back up.

>>54032341
Upon further inspection. I like this idea. I don't think it's amazing, but it's not a bad hold.

They appear to be well managed and have some competitive advantages. While I think the short term prospects are pretty shit for banks in general, looking out 2-3 years they should be fine.
They don't have significant longterm fixed-rate exposure because the vast majority of their loans consist of commercial real estate on 5 year adjustment intervals. They've been leaning heavily towards commercial over single-family mortgages with their recent loans.
1/3rd of their funds come from the FHLB of Boston, with ability to double that. I view this as both a positive and negative, since they're drawing on this much more in 2022 than previous years and it's a more expensive cost of capital so it's hurting their net interest margin. This is borrowed at the fed funds rate.
My main concern is that they've got customers holding $1.3 bil in short term CDs at an average yield of 2.4%. I assume these customers were going after a reasonably competitive rate at their time of purchase, but it can't compete with current t-bills. Outside of CDs, their other deposits actually shrunk by 7% year over year.

>>54031827
INSANITY

MEANS

OPPORTUNITY

IM

NOT

BULLISH

ENOUGH !

DONT HIDE

JUST BUY

>>54035571
FOMO your entire life savings into SBNY on open.

>>54035571
>This time it's different.

>>54035642

>>54035642
I don't have 200 years to get rich

I bought puts on VIX before market close
witness me bros

>>54035668
Then invest more than 10$.

>>54035725
I don't have 200 years to wage either.
I'm just going to vote for universal income instead; capital gains tax can be 90% and traders can work for me

If he really does go through with 50bps, we're going to see a limit down day again aren't we.

A lot of clients from SIVB were startups that use SAAS products. What do you think happens if they cant get their money out and pay their bills? They cant pay vendors. Who are the vendors? Silicon Valley baby.

>>54035849
It already happened. Look at DOCU and ROKU, they had their money in SVB

lmao, this is real advice
>https://en.m.wikipedia.org/wiki/Bank_run#Prevention_and_mitigation
>Some prevention techniques apply to individual banks, independently of the rest of the economy.
>Banks often project an appearance of stability, with solid architecture and conservative dress.[22]
>A bank may try to hide information that might spark a run. For example, in the days before deposit insurance, it made sense for a bank to have a large lobby and fast service, to prevent the formation of a line of depositors extending out into the street which might cause passers-by to infer a bank run.[1]
>A bank may try to slow down the bank run by artificially slowing the process. One technique is to get a large number of friends and relatives of bank employees to stand in line and make many small, slow transactions.[22]
>Scheduling prominent deliveries of cash can convince participants in a bank run that there is no need to withdraw deposits hastily.[22]
>Banks can encourage customers to make term deposits that cannot be withdrawn on demand. If term deposits form a high enough percentage of a bank's liabilities its vulnerability to bank runs will be reduced considerably. The drawback is that banks have to pay a higher interest rate on term deposits.
>A bank can temporarily suspend withdrawals to stop a run; this is called suspension of convertibility. In many cases the threat of suspension prevents the run, which means the threat need not be carried out.[1]

>>54035752
Where's your American entrepreneurial spirit anon?

>>54033357
don't look a gift horse in the mouth anon

You can lead a horse to water but you can't make it drink.

>>54036049
so... we've bottomed?

>>54036100
We still have the rest of march, april, may, and june to contend with. And even the rest of this year some may argue.

>>54036135
do we even have a GFC scenario on our hands? not really. I think we're just a rather extreme cycle of 0 rates to QT, and fed will be back to cutting in dec

>>54035280
best time to buy when the market dies dumpass

>>54036049
Soon they will learn

>>54036049
>he didn’t buy SP500 at 9

>>54036242
mfw I missed out on generational wealth

>>54036156
This, the new inflation target is 4% and they'll start cutting soon especially if more banks go under. Bobos are going to get wrecked this year, they've overplayed their hand and become extremely greedy.

>>54032281
>event affecting a physical bank is affecting the cryptoshit mememarket
I'm laughing my ass off at the "muh shitcoins are a hegde" tards

SPY Closing the week under the AVWAP from the October bottom. Price closed on the AVWAP from the pandemic low (Not Displayed). Price is also pushing away from where the most volume was traded since the 2022 ATH.

Look at that massive wedge forming jeeezas.

>>54036258
mumu, you're delusional. ripepperoni

>>54036258
BofA deez systemic collapse.

When $USB (Bonds) begin outperforming $CRB (Commodities), $XLU (Defensive Sectors) start outperforming the $SPY on a relative basis.

Right now, $XLU is outperforming the $SPY at the same time $CRB is outperforming $USB.

This doesn't happen often. It did in 1999, and 2008 tho.

>>54036306
Although I don't think they will, they can present 4% inflation just by changing how they calculate headline CPI then unwind if things really tank. The only reason rates went up is to have a slush fund of funny money to throw at big banks in the next crash.

>>54036333
Looks like trailing indicator.

>>54036281
I never even thought about that. That;s hilarious

>>54033621
I bet they get raped a lot.

Does anyone know of a stock that is creating drone motherships? I know the big defense contractors like raytheon and lockheed martin but I was hoping for something a bit more focused.

>>54031803
... No. With a bike you can, unless there are a bunch of stairs

>>54036306
You've had 14 months of dumping, you're the one that's delusional and greedy at this point bobo. Are the current extreme discounts in stocks not low enough for you? We're never retesting 3500 again you missed the bottom in October.

>>54036288
Don't talk about my secret indicator please

I'm suddenly interested in stongz again.
Will we see October lows?

>>54036288
bullish

how fucked are we?

>>54036764
It's going to make black tuesday look like it was a white man with a well paying job, a wife, and two kids and a house.

Biden must be held accountable for his crimes against America.

>>54036865
jesus christ

>>54031946
the giant fortune we owe china is just a drop in the bucket of our natl debt

which stocks in particular are fucked next week?

Couldn’t sleep last night. Something is wrong and I don’t think there is a safe way out of this crisis. We either let the banks fail or we we bail them out and inflation continues. I don’t think we want either to happen, so I’m afraid that we’ll kick start a conflict to have a war economy.

>>54036573
>18th largest bank failed
>wah why are we dumping

>>54037135
Not all banks are at risk of failure. But they do have to contend with liquidity leaving their deposits to go to money markets and having to increase their incentives to deposit with them. SVB had low incentives to deposit there, instead relying on tech trannies to get capital from them and as a condition they deposit there. When startups slowed their core business revenue shrank so now their yield of bonds are still ones bought from QE times and they got fucked from a cash crunch as people ran it. Other banks have more diverse revenue streams to not have to take to book and realize 25% losses on treasuries.

>>54037135
The greater systemic risk comes next week. I really don't give a shit who the president is because it's a meme figurehead position, but the reality is that Trump is quite popular in certain areas.

If he is indicted and barred from running, you'll loose the political buy-in in society from a good 1/3rd of the country, who will boycott future elections. And that spells the end, African democracy style.

>>54032723
Twitch chat have become unbearable since about half a year,
or much rather since Brave and Firefox/ublock origin have become powerless against them.

>>54037137
Nobody had ever heard of SIVB before it failed, it's a nothingburger. SPX will be back over 4000 by middle of next week. Personally I'm buying more ARKK and Chainlink, you can be a doomer bobo fag and lose money though.

>>54032773
What causes these south american soccer stadium riots where people young and old are regularly getting beaten to death en masse and you never hear of ANY repercussions?
I mean, just last year there was an incident of which videos ended up even here where the gore was almost unbearable. Like stomping and soccer-head-kicking almost lifeless bodies on the ground repeatedly...IN PUBLIC.

In a just world, countries/societies in which these things happened should become forcefully eradicated and their lands given back to nature.

>>54031803
sometimes i love autists instead of wanting to set them on fire

>>54036258

>>54037372
>SIVB is the spark that ignites the banking sector that burns the economy down

>>54037530
No one cares psycho/npc, you’ll be genocided

Whats the play if we really get a decent correction?

Should I be buying SLV calls?

google.com avril lavigne feet

whoops haha typedf in the wrong place haha

>>54036100
200 SPY

>>54035192

KOF

>>54037633
>implying autists will survive to be any threat at all

Ranfag won, check out the SVB stickie

>>54032502
You're not alone.... I thought "huh, underpriced big oil company with awesome reserves and a monster 1 time dividend, oil can only go up, wow I'm so smart" and now I'm down 26% and bag holding this shit. Hmmm. Maybe I should scoop? Will oil again be the new gold?

lmao troons chimping out on /biz/ now that bidet's legacy is as good as destroyed

>>54033816
>>54033940
nico is a trans, just hasnt been proven yet

>>54031601
>https://exhentai.org/tag/character:Naganami
>educational

>>54037650
Raise cash, sit on the sidelines and buy commodity companies when they crash, the time of tech is over

Honestly whatever happens to society is deserved. This could be one of the greatest financial happenings since 2008 and my group of friends are too busy discussing trannies since it happened and when I brought this up a few users just laughed at my posts. Seems to be par for the course lately.

>>54037978
Well because Trans Rights are indeed Human Rights

>>54038024
(You)

>>54031946
>The dollar, just think of it like a promise from the government
>But the value of the dollar has to be there to be relevant
>The value of the dollar comes from China and Iran
>When they put their cash reserves in a U.S. dollar plan
>They buy treasury bonds from the Federal Reserve
>We say "we owe you extra money cause you gave us some of yours"
>That's a big part of the National Debt
>All the interest that we haven't paid to China quite yet
>And a hundred other countries 'cause we're such a good investment
>The whole world gives us money we say "Hey we'll pay you interest!"
>This is how money is created from air
>Bank bailouts, federal budgets Money isn't really there

2
More
Weeks

>>54037628
>2 more weeks
Face reality, October 2022 was the generational bottom. If you didn't buy at 3500 you'll never buy SPX, it's still undervalued right now at 3860.

>>54038032
>no argument
>no refutation

>lol the jews vehicle to poisin america with onions startups failed
>they wont enact venegance on the goys for this

You're all stupid and the boomers will be dumped on to pay for the jews overleveraging and they will thank them for it. Market will go gangbusters upwards monday to screw short positioned goys for weeks then violently dump.

Anyways ANNIHILATE ALL JEWS

>>54038053
>*desperate shilling intensifies*

>>54038053
I unironically believe October was the bottom, I’m trying to make fun of the current sivb fud. it’s overblown

Is there any AI that can invest for me?

new

>>54038081
>>54038081
>>54038081

>>54038112
A banker, but calling it intelligent is bit of a stretch

>>54038110
yikes bro
you wouldn’t happen to have any positions you could show to prove that you believe october was the bottom?

>>54038110

See

>>54034299

>>54031873
Yes, they sold their blue chip Swedish bank stocks and bought just before the crash

Boomers are retarded and a ruining this country. For a solid laugh look up Swedish housing market policy

2020 was such a wild fucking year I wanna go back. Even when banks are going to zero and threatneing to take nvidia with it the market is doing nothing at all (besides the fact it's a saturday of course).

>>54035881
>lmao, this is real advice
>>https://en.m.wikipedia.org/wiki/Bank_run#Prevention_and_mitigation
>>Some prevention techniques apply to individual banks, independently of the rest of the economy.
>>Banks often project an appearance of stability, with solid architecture and conservative dress.[22]
>>A bank may try to hide information that might spark a run. For example, in the days before deposit insurance, it made sense for a bank to have a large lobby and fast service, to prevent the formation of a line of depositors extending out into the street which might cause passers-by to infer a bank run.[1]
>>A bank may try to slow down the bank run by artificially slowing the process. One technique is to get a large number of friends and relatives of bank employees to stand in line and make many small, slow transactions.[22]
>>Scheduling prominent deliveries of cash can convince participants in a bank run that there is no need to withdraw deposits hastily.[22]
>>Banks can encourage customers to make term deposits that cannot be withdrawn on demand. If term deposits form a high enough percentage of a bank's liabilities its vulnerability to bank runs will be reduced considerably. The drawback is that banks have to pay a higher interest rate on term deposits.
>>A bank can temporarily suspend withdrawals to stop a run; this is called suspension of convertibility. In many cases the threat of suspension prevents the run, which means the threat need not be carried out.[1]
Retard.

>>54037650
Same as this time last year. Nasdack is going to 9000 like it deserves. Summer pump to 11000. Then violent niggershart to 5000 when facebook goes bankrupt.

Got me and the Wife a MCD's breakfast this morning. Someone doesn't know how to make coffee. Was finishing up my coffee and wham coffee grounds in the mouth. Uh yeah. Sigh figures. Try to do something nice and this is what happens. She got just the orange juice.

>>54038212
dude sell that WBD what a fucking joke company
What are your thoughts on MMM, its at historic lows and the lawsuit should be well priced in by now, its still making healthy profit and paying handsome dividannions

>>54038142
Kek I just hold index funds bro. Relax.

>>54038200
you copied his entire fucking greentext verbatim and all you say is retard?

>>54034363
>>54034433
>literal who with no medications

>>54038230
i’ll hold the ones i buy in 2024 after the october 2023 bottom

>>54031631
I'm angry because of btc, I'll have to stay here a while longer, I want at least when I sell my xor bags to have some profit, so much waiting time must be worth something

>>54038274
Heh, we’ll see

>>54037759

>>54038098
>1 post by this ID
Jannies still but hurt