/biz/ - Business & Finance

>Market closed
>Credit crisis

ANOTHER ONE BITES THE DUST

I love this Jewish stock market

So when is the crash happening?

>>54841774
So Inflation is now officially over, right?

People are going to look back on history and think how could those idiots on twitter be so blind to the most painfully obvious crash of all time..

Tomorrow everyone will panic sell as the banking crisis heats up to maximum terror, -11 percent day for SPY incoming

>>54841805
were you the meltup guy that was completely wrong last time?

>>54841774
It only started
Never saw Powell so insecure. He was for the past 2 years the only adult in the room, but even he is now stuttering and trying to find word to excuse himself upfront

>>54841799
OIL just gained $3 in the past 3 hours. We'll be looking at $110/barrel by market close Friday.

What do you think that'll do to inflation?

>>54841799

>>54841814
I was also a Harbinger of the Meltup a few times so I'm never wrong just early

It's literally going to be just fine tomorrow isn't it bros
https://www.youtube.com/watch?v=Ki-fATpXa00

>>54841803

>>54841815
Man what a stupid looking tie,i'd stutter too

clown market will reappear
im so incredibly bullish right now

>>54841817
with what demand? Or is Opec reducing again

>>54841822
AAPL pulling a rabbit out of a hat is the final reason any bulls have to hold. Because you know the next bank failure(s) are over the weekend, if we're lucky.

>>54841827
It has a very distinct tone of burgundy, like an old school pink wojack

maybe I actually buy shiny boomer rocks for the first time? I don't like having to worry about physical security though

......yikes

>>54841822
I thought today would be the green day but it ended up being red

I don't think any of you understand how bullish this is all is..

>>54841841
Yeah now that gold has pumped relentlessly for months you should definitely buy the top

I'm fucking done with this shit hole for today everyone here is fucking retarded.

>>54841804
Too lazy to check if this guy lived up to his profile pic and was bullish for the whole of 2022

>>54841841
You are way too late. Just save up USD for bargain-bin treasuries on 6/1 like the rest of us midwits.

>>54841856
Make sure to buy some ibonds this month

>>54841802
>What sectors of the stock market are most susceptible to a credit crunch?


>Sectors of the stock market that are most susceptible to a credit crunch are those that rely heavily on borrowing to finance their operations, such as:

>1. Financial sector: Banks, insurance companies, and other financial institutions are the most vulnerable to credit crunches because their business model is based on lending and borrowing money.

>2. Real estate sector: Real estate companies are also highly susceptible as they rely on credit to finance property development projects.

>3. Automobile sector: Automakers and suppliers are vulnerable as they require credit to finance their operations including research and development, manufacturing, and marketing.

>4. Consumer discretionary sector: Companies in this sector that rely on discretionary spending, such as luxury goods, travel, and entertainment are also susceptible to a credit crunch as people tend to cut back on discretionary spending during tough economic times.

>5. Small and mid-cap companies: These companies have limited access to credit compared to large-cap companies. Hence, they are more susceptible to a credit crunch.

>>54841804
>Zions Bancorp
>-9.71%

And in case it wasn't clear, I think Jay is an ethical liar doing the best he can.

Honorable man and being a good leader doesn't mean you have to be 100% honest. In fact, I believe a leader that cannot effectively lie is a terrible one.

There's a wonderful book on ethics of lying called "On Bullshit" by a Princeton ethics philosopher Harry Frankfurt. Basically talks about the difference between liars like Trump and liars like Obama. It's really good.

The thesis being that those who "bullshit" have no regard for truth. It may be true, it may not. Truth has NO value AT ALL. It serves only to further their personal agenda. A liar that respects the truth and the boundary of lies fears the truth instead. Lying is a necessary tool that can backfire or cause unintended harm. Lying can be ethical, bullshitting cannot.

The world needs lies to function. Bullshitters on the other hand generally serve no purpose but harm.

>>54841815
He knows he fucked up big time with the printing and it's far too late to fix it. He knows he'll go down in history as the man who crashed the empire with no survivors, assuming there will be anyone left to write history books after Weimar Collapse 2.0

>>54841862
STIP and JNK are yielding like 10%. Rest is cash and SQQQ

>>54841856
God damn that book was boring as fuck. I wonder if anyone has ever actually read the thing.

https://finance.yahoo.com/news/p-500-hit-3-500-140426276.html

This guy from JPM says S&P will tank 15% by summer.

>>54841872
>May 2023
>Longing junk bonds

>>54841830
what do you mean what demand?

>>54841774
do I wait for the FAS bottom or buy FAZ now?
too early and too late for either it seems

>>54841774
Credit spreads are your friend, control your risk and have a good strategy anon, (you) can make it!

>>54841869
A tragic personality indeed, most will blame as he is going to be the scapegoat for the ones really responsible and only those in the know and not glued to cheap propaganda from ad blogs paid by those that really fucked up will know he did what he could in the situation with the cards he got and other players on the table

>>54841893
JNK is at damn near a 5 year low/peak COVID panic prices. This is why you niggers are fucking retarded and shouldn't be managing your own money. I'm going to buy more of it tomorrow just because you are such a retarded faggot

>futures

>>54841898
Look at the top holdings of XLF, since I think that's what FAS/FAZ follow. It's basically a dirty play since GS, MS, JPM, etc get lumped in with V, MA, BRK, BLK...

BNKU/BNKD might let you bet on regulatory risk to the big banks vs. firesale deals gobbling up busted regionals, but otherwise I think the action is in KRE and its individual holdings.

what even are banks

>>54841919
>buying JNK before the next leg down because impatient
>calling others niggers
lmao

>>54841919
You are lending to cruise lines and casinos, anon.

You see this bank MUFG. BUY PUTS

It's kind of funny how like 2days of red sends /smg/ into doomsday bobo preaching that we're going back to like 2200 SPY

>>54841942
Bro change your name again. We meltup now.

THE PAUSE

>>54841947
>>54841942

JNK has 1,177 holdings and we are at or near terminal rate

Again fuck this board go buy some NVDIA or something I hate you faggots so much it's unreal

>>54841958
touch grass. it's the only green you'll be seeing for awhile.

>>54841947
Supposedly a certain timmy made it big on cruise line bonds back in the day

>>54841896
lower than before the last boomer highwayman robbery and the pain hasnt even started

>>54841967

>>54841958
There are literally cascading bank failures you dumb nigger. 1929 is playing out again and you're still shouting "nothingburger".

>>54841919
>line go down therefore... line go up!!
did you check the fed funds rate lately

>>54841941
Every day above $60 is a good day.

>>54841966
What happens to their finances when Xi cuts back on tourism to the west to spite us, regional banks pull back on Boomer credit lines, and unemployment starts ticking up past 4%?

I'm sure core, essential business like, uh, Dish Network and SiriusXM will cover for the faltering of cruise lines and casinos.

>PACW
thank fuck I took my initial FUD gain and got out, anyone longing regionals is extra retarded

>>54841995
>Bro what if like all 1177 companies go broke and can't pay their bonds
>You should buy something safe instead like SOXL or some options
>Anime girl.jpg

>>54842004
>anyone having any form of ious in a bank is retarded
ftsfy anybody that hasnt frontrun the bank run yet is getting close to the point of where its too late

>>54841970
Global oil production is also down from the orangeman years.

>>54841964
There is no pause didn't you watch the presser

>>54841984
the bull market is back. bank failures are contained.

>>54842020
to specify, he destroyed the hope for a pause let alone pivot in Q3

Imagine being in debt lmao, all you have to do is mint a trillion dollar coin lmao - just add a few extra "0"s to the numerical representation in your bank account dude, its not difficult

>>54841958
How many bank failures do you need before you change your mind though?

>>54842012
Global oil production is down because the whole world is preparing for a recession (that still has not happened). When the Feds pivot and the world realizes that they need oil and yet production (and stock) is down, oil is going skyrocket. IF feds pivot of course.

>>54841902
Based Robanon
However, I prefer higher risk speculative plays such as oil stocks and US treasuries maturing after 6/1/2023

>>54842020
The presser is misdirection. Read the notes. Or just wait until Friday when Brainard comes out with the clarification all you retards need.

>>54842031
I'm glad we're bringing your oil back onto the market, Mr. Maduro.

>no pause until june
>people still feel bullish

>>54842034
>US treasuries maturing after 6/1/2023
I JUST warned you fags about junk bonds!

The amount of Russian disinformation doomer bobos in this thread is ridiculous, I'm feeling more confident and bullish than usual due to these obvious shills.

who was the guy from the meltup memeing anyway
i only watch things with hot chicks in em

>>54842007
>defaults don't impact the overall fund yield
>you should buy something safe like companies actively going bankrupt
>Anime Website

SOXL?
Isn't that a girl's ETF?

>>54841941
>I deposited $1k early to dig myself deeper into a hole

I’ve been there, bro. I’ve been there….

Rate my position. Am I going to slap that salmon and bake these tortillas? I’m ready to get tasty. Bada bang bada boom bada spoon as I always say. Don’t have the flavor hate the grain. Haha i crack myself up.

>>54842092
Have you looked at QCOM? It's about to be a delisted ETF.

>>54842070
It's 10% of my portfolio and my 30% SQQQ will make me forget it even existed if your doomer fairytale comes true

nrgu

>>54842034
May I recommend doing a back ratio spread, be it a call or put one. Unlimited profit in one direction and limited profit in the other, just if it crabs you'll get molested.

>>54842103
>shit investment
>only 10% position though
This is cope. No personal opinion on the ETF, but this is coping logic.

>>54842098
Get out now while you’re up

>>54842058
>Russian disinformation doomer bobos
I'll have you know I am a FACT-CHECKED 100% all AMERICAN doomer bobo

>>54842103
>He thinks his -3x leveraged fund will actually track in a volatile market

>>54842125
b-but that sounds complicated and also I don't have options approval. nor do I know blackman scholes or whatever that theory is.

>>54841791
I sold my PACW shorts today

Has anyone here tried using Chase as a brokerage?

>>54842130
I was going to defend JNK with a well thought out post but you know what. I'm just going to call you a nigger. I don't care what you do with your money.

>>54842145
Why would you bet against the current American economy? It's unironically the strongest it has ever been.

>>54842153
Go away Janet Yellen no one likes you here

>>54842039
>Jpow said X but the notes said pee pee poo poo stinky trust the plan

all in etsy shorts havent covered

Who was genius enough to buy PACW puts expiring Friday?

>>54842153
Such a stupid shill...

>>54842175
Ofc they have to say they want 2%... Do they actually plan on getting there? IMO obviously not.

>>54842139
It's 39$ he may as well go for the jackpot

Look every regional can't fail, one of them has to be a good buy.

>>54842182
Literally foreign disinformation.

>>54842180
>All bulls are shills
>All doomer retards are normal American investors
Nice projection, we both know you aren't American, and the bobos are in fact the paid shills.

>>54842151
All I'm hearing is more cope.

>>54842150

>>54842033
Let's just not talk about how these are all retarded chicongo, californicator and jew york banks that handed out loans to people trying to teach subsahara africa to engineer lab meat or some shit.

>>54842192
>Nice projection, we both know you aren't American, and the bobos are in fact the paid shills.

It's been a rough week gentlemen, I hope I make it

>>54842205
Refer to my reddit comments to see that I endorse lying if done in an ethical way, Jerome Powell is an ethical liar. https://old.reddit.com/user/putsRnotDaWae

Bro, check out COMMODITIES COMPUTAH

>>54842217
You've already made it. Take the year off and buy t-bills. You'll still beat the market.

Buy dip?

>>54842177
ETSY is a good long. Even with inflation crazy high people still buy dumb stuff from there. LITERALLY recession proof.

>>54842219
Do a flip, faggot.

>>54842227
zoom out

>>54842219
I endorse raping if done in an ethical way.
Where does your mother live?

>>54842237
But AI...

>>54842227
>Buy
With a P/E greater than
Wait

>>54842236
Someone is salty that a redditor is here to counteract their anti American doomer propaganda.

>>54842153
because first of all, even without disputing your statement, and as 2020 reinforced quite emphatically, The Stock Market Is Not The Economy. Better GDP/manufacturing/whatever data is considered BEARISH right now because it means higher rates, think about that.
secondly... regardless of how good the economy might appear right now, it will be dragged down eventually by the gov. 130% debt to GDP can ultimately only be paid down in one way, and that is by inflation. which will fuck over everyone other than debtmaxxed wagies.
and thirdly... strongest it's ever been? have you been to the grocery store lately? or looked at real estate listings? there's more to real growth than just writing an extra zero in front of all profits and expenses. and don't try to tell me these massive numbers of jobhopping new hires aren't tanking productivity numbers.

>>54842244
Take a picture of your wall outlet with a timestamp, fellow "American".

>>54842219
Go back

>futures

I need a big breasted waifu to comfort me when the USA defaults and fucks itself into oblivion

>>54842186
>every regional can't fail

>>54841958
>He's still buying the dips in a M1 contraction environment

>>54842256
Nope, I will enjoy posting on multiple finance forums.
>>54842255
>Dox yourself bro
No.
>>54842254
>words words words
It's all priced in or a nothingburger, doomertard.

>>54842227
Yes
French onion is good

>>54842186
If I had to pick I would choose ZION because of the jewish name but don't play with fire man

>>54841958
All my shit has been red for weeks now. My ass is getting rekt.

>>54842226
You don't get it anon, it's not enough to beat the market, you have to dominate her.
(Actually I want this to be my emergency money/parent retirement money so it's not pure greed. The more money I make the more money I'll receive so it doesn't make sense to stop. I just have to keep playing right, which is stressful as fuck but has been working so far...)

>>54842269
You're Polish or Ukrainian, and not American. Prove me wrong. I dare you, faggot.

>>54842269
are you really polish? post bussy.

>>54842287
Schizo, please stop derailing the thread. We're trying to discuss markets here, and you constantly bring up political bullshit.

>>54842312
Why did you admit to being a shill under multiple sockpuppet personas?
https://archived.moe/biz/thread/54586433/#54586576

>>54842312
You're trolling biz for attention.
It's like a cockroach criticizing a maggot.

>>54842331
>trolling
Why are you bobos are convinced that nobody can possibly be bullish? Most smart money and institutional traders are currently bullish, you retards are still the minority.

>>54842326
likely hubris. either publicly funded or just an attention whore, either way faded

Guys shill me some penny stocks I'm bored with long term guaranteed returns.

>>54842058
We’re going to lose 2-3 banks this week, so how many will we lose next week? That’s not a good thing as much as you wish it was

>>54842260
Apple can stave off the bleeding a bit tomorrow with good earnings and good guidance, but killing PACW, WAL, and MCB on the Friday will be too much for Apple to handle by itself and we’ll have a down week

how is it that, 20 years later, people have still not learned the fucking lesson of
>don't feed the troll

it's out
https://www.youtube.com/watch?v=qRIyaQLiJl4
kek gme baggies

It just keeps going.

>>54842363
That anime bang maid is going to be standing up by month's end

>>54842345
SPY, DIA, QQQ, or VOO are great penny stocks. You should also setup a dartboard with some regionals and pick some to gamble on

keep the market safe while I sleep. I am going to end my night on a positive note.

>>54842340
I'm not a bear retard.
Do you ever think about how pathetic you are? About how you have been a class clown your entire life? Wanting to change but having such crippling self hatred and addiction to worthless attention you just waste away?

why are futures so retarded

>>54842357
Have you seen what happened to /k/? The shills are actually that retarded.

>>54842285
Now it just looks like gambling. Sorry anon, there's only one ending for gamblers.

>>54842372
Isn't that curve supposed to look like a natural log type function?

At least maybe with all this chaos we might get some house prices pullback soon

whats the bottom for USB?
I dont think its going to fail and the banking panic is bringing it down to sub march 2020 levels, its def a buy but how much lower will it go?

>>54842386
Because the future is retarded.

>>54842386
Perhaps you missed it. We're starting the golden bull run.

>>54842357
Listen, if I get him to post an image I might be able to figure out who he is and then contact him.
Then I can bathe in his fear, it's a fun way to get high.

>>54842348
>We’re going to lose 2-3 banks this week, so how many will we lose next week?
Bullish because the Fed responds with bail outs within 2 days.
>>54842384
>I'm not a bear says the bobotard
Just like right wing retards, bobos never admit what they are because deep down they're ashamed of it.

>>54842396

>>54842399
who was that leftist jouro that said they needed CP for research or something and tweeted it

>>54842404
Kek, such a seething bobofag. Your shorts must be deep red.

>>54842414
Read >>54842203
So is this you being an ethical loser, I mean liar?

>>54841796
too much basil, try taking 2 leaves and slicing them up

>>54842431
That post simply shows me you're a racist, so now I know you're unintelligent, on top of being a bearish doomer. Racist losers should go back to /pol/.

How can First Republic go from paying full dividends one quarter and then shares simply collapse in the next quarter? That's not how a free market should work. From when a company first cuts dividends to final bankruptcy normally takes many months or years and there's usually plenty of warning to let shareholders get out.

13 pbtid

Fuck all you faggots foe not standing up for me when I was banned. I thought we were friends. I wasn't allowed out of my cage until pow pow day was over.

Apple drops 20% tomorrow and that's a good thing

>>54842460
Liquidity cuts hard at 20x leverage

>>54842448
You are like those sports fans that dress like retards for a team, saying you are either all against or all for that team.
I am the man making bets on every team case by case and making bank.
Either way, I got tracking on you, one day you will give up metadata and I'll be giving your mommy a phone call. Time to find your own place to live boy.

>>54842399
uh oh a CP Violation
Thread theme: https://youtu.be/QsjJmvANWn8
Thread theme: https://youtu.be/QsjJmvANWn8
Thread theme: https://youtu.be/QsjJmvANWn8

>>54842465
yea our new redditor janny (does it for free) get but hurt over niggers and jews.

>>54842414
>SVB and Signature die
>bail out depositors
>kill shareholders
>FRC drags it’s corpse out long enough to get JPM to buy it
>Yellen and Biden break the law in the process by letting JPM get even bigger, but let it go this one time since the banking crisis should be over now
>shareholders holding other regional banks are pissed about getting killed off and bail on other regionals
>PACW, WAL, and MCB start going down
>rinse and repeat the above

Yeah this doesn’t end well. You can’t keep killing off regional banks along with their shareholders and expect everyone else to hold the line. We’re in huge trouble when USB and Schwab are the ones on the brink of failure since there’s no easy solution for them that wouldn’t involve Congress coming in to save them. A lot of regionals will die if Biden, Yellen, and Powell don’t find a better solution in the near term

>>54842460
JPM owns the banking system and can seize "distressed" banks and get free assets while the taxpayers share the risk

>>54842465
Disconnect, delete your cookies and change your IP dude.
Jannies literally have no power here, they have been trained incorrectly, as a joke.

>>54842484
>We’re in huge trouble when USB and Schwab are the ones on the brink of failure since there’s no easy solution for them that wouldn’t involve Congress coming in to save them.
>Congress coming in to save them
Unbelievably bullish, thank you for enhancing my bull thesis.

>>54842474
If they were that fucked they shouldn't have paid out a January dividend. In fact the last dividend was among their highest ever.

>>54841151
Lmao if only you had a brain. One is a derivative of the other. Oil actually didn't even go that high.. inflation adjusted we'd be in the 200s if we compared to 2008 levels. Energy isn't even much a factor, although it was the largest factor in disinflation to date.

>>54841774
Comfiness is an attribute best given to the lazy

>>54842391
Yeah

>>54842484
schwab is on the brink of failure?

>>54842477
Ch-checked, I’m financially bored.

>>54842345
DOLLF
BADEF
SCTSF

>>54842501
They weren't fucked until March, when the liquidity event started.
Business model is a lot different when cost of deposits is 0% vs 4.5%, especially when operating at a 1-2% interest margin in the first place. Given the spread between short term and long term treasuries is now up to -2% as well, there's not a single bank that should be operating with meaningful profit in this environment.

It's estimated that half the banks in the country are insolvent right now. All it takes is a single spark.
The good news is that none of these are real losses. They don't really matter. In fact, every loss means more printing to make the depositors and/or acquirer whole. The light across the tunnel is crystal clear.
There may be some small momentary contagion that shows up at some point, but so far the damage remains contained. And to be clear, these are all past losses. Losses that simply haven't been realized on the books yet.

>>54841896
Just a reminder India will not have recession based on the fact they are such shit-poor-poo-wall-house-cant-even-afford-beef-so-they-made-it-haram-to-eat and their oil consumption will and is growing like crazy. Along with the rest of Asia and Africa. Oil will be fine, its just being shorted by financial traders aka paper markets. Sucks for us but demand will stay. Also EVs are a grift, look at Fords recent statement on the capital losses from them and think for a second.. why are Honda/Toyota not so far ahead on EVs??? Oh ya because they are money pits.. ICE are here to stay.

>>54842391
Here's an outdated but interesting curve webm

>>54842465
what a faggot janny

>>54841941
Smigger, if you would just get yourself out once in awhile. While you're down. Do not think a Canadian producer like SU is a bad "INVESTMENT" -- sure it's down a lot now but these oil companies are printing machines. They literally extract and produce the most valuable commodity on earth next to water/gold/platinum

Reminder that WAL is in Phoenix and not California

>>54842560
Neat. Saved.

>>54842586
Is it systemically important?

>>54841958
It will only make the coping and seething all the more delicious when we're at 4250 again.
>b-but muh regional banks
lmao. Pelosi is exercising her NVDA calls and going heavy with big tech and your still expecting new lows anon?

>>54842465
Wtf?!

>>54842607
I shorted pacw and bought rf. And fertilizer. Lots of fertilizer. And oil.

>>54842607
pelosi lost 50% last year

>>54842597
Yes

Anons...why are billionaires randomly buying out huge plots of land?

https://www.zerohedge.com/markets/escape-collapse-billionaire-buys-71-million-farm-near-jackson-hole

Bros, I’m not doing well. I invested my life savings, 25 k, into NET and DOCU when they were both worth around $200 and I don’t now if they are going to go back up. I held for over a year now and I don’t know if I can do this much longer. I keep DCAing but it’s barely making a dent in the $200 cost basis…

still bullish btw

>>54842633
Idk man the Tetons are nice.

>>54842634
Why you stock picking instead of investing in an ETF?

>>54842647
Whats the catalyst

>>54842634
nice larp, not even SMG is that stupid

>>54842634
>my life savings
>25k

>>54842621
>fertilizer
I'm pretty sure that buyback is a bluff.

>>54842634
You averaged down right? With smart averaging down you could have turned a profit on even trash tech at the end of '22. Really smart averaging down.

>>54842659
Give me a break. I’m 37. 25k is a decent stack for my age.

>>54842634
uh.. hold them for a half decade and you might break even... if only due to asset inflation. >>54842655
ETF mongrels are subhuman, only individual stocks and options are respectable

>>54842634
>I invested my life savings, 25 k, into NET and DOCU

>>54842663
>With smart averaging down you could have turned a profit on even trash tech at the end of '22.
Or you could've just bought something that wasn't crashing 90%. lol.

>>54842658
We have BOIL bagholders and FRC buyers who got trapped during the bounces. /smg/ is that stupid

>>54842661
Who cares. It's free.
I have been taking money from cali bank investors and getting free shit for myself.

>>54842633
Farm land has excellent appreciation and seemed to hold up in value even under massive rate increases https://www.fbn.com/community/blog/farmland-values-2023..

>>54842678
Careful with that. You might get charged with conspiracy to commit bankruns

>>54842529
Yeah, no. This is all bull shit. They want these banks to fail and for all that capital to get sucked up into bankruptcy filings and FDIC bureaucracy. Little guys saved by FDIC insurance and big retards lose their shirts. Maybe they always intended for it to go like this. Eventually there will be lots of assets at rock bottom fire sale prices, little guys buy the bottom and anyone with good business sense makes a killing in the long term.

All the cash accrual we’ve seen through the last bull run and recent layoffs will tide the mega corps over as they get leaner and meaner. Domestic raw materials and finished goods production increases while speculative tech-shit/REITs must reckon with themselves. It could work out beautifully if pols and central banks don’t blink.

>>54842633
Land, grows commodities, the foundational asset. Better yet, they can't print more of it.

>>54842674
I mean, that was the smart choice, but remember where you are. Remember that people here were slurrrrping SOXL in the 30s.
>It has been over 1 year since SOXL was 30 US dollars
Man time really flies

>>54842694
Whatever, gotta lift now.
Califags are all cucks, they enjoy what I'm doing.

>>54842703
when it was around 22 I was telling baggies here that it wanted to go to single digits. I think it bottomed at 9 bucks.

Is it actually over? I have non-bank longs

>>54842696
Yes, buy the dip

>>54842560
>30 year bond yield at 14%
How do old people not have infinite money? That's fucking retarded.

>>54842484
Problem is and no one of my fellow bizraeli kike smiggers will admit it. Bank failures and a stock market crash are a decent bargain for not letting inflation rip on. I know most of you subscribe to inflating your debts away. Problem is it just turns into hyperinflation at a certain point and with today's political climate there will be public executions at a very soon point if people don't feel like the economy is working for them. Trump was the canary in the coal mine for the global elite. It won't be long before someone who can point fingers and name names of those who live in these nice estates in coastal cities. Urban inflation is even worse than the avg inflation, and if people can't put food on their table they will hunt down those responsible. And there isn't a UBI solution ready yet. Even with USDC, how will crime be committed? How will niggers rob and steal and fleece on the black market, for gold? The easy solution is a an economy crash, followed by another rip of inflation, rinse and repeat.

And on that note I'd like to say I think oil will only continue to rip higher and lower as investment leaves globally to have production not keep pace with rips in demand

>>54842733
No. Far from it. 4250 is still on the table

>>54842742
They do? Boomers are fucking rich

>>54842668
It was

>>54842749
>Problem is and no one of my fellow bizraeli kike smiggers will admit it. Bank failures and a stock market crash are a decent bargain for not letting inflation rip on
Pretty sure we've been getting the Powell has to choose between hyperinflation and depression argument since last year

>>54842717
There were 15 days where it breached under that. I told myself I was going to buy under 8 and sell at 15. Too bad I bitched out and didn't (as always).

I'm buying Zions stock. I'm not gonna stop. You think the government is going to let Zions get taken over by some bigger bank and the stock and preferreds will go to zero? Think again. It's a bank for Mormons, they auto-deposit all their religious tithes into there. There's powerful mormons in the government that like it too much. If there's one regional bank that's NOT going to fail, it's that one.

>futures

>>54842774
They will pick inflation of course, the Fed will always kick the can. I assume they will try to introduce a CBDC dollar once the original dollar fails.

>>54842826
>futures

>>54842844
>futures

>>54842826
>pasts

>>54842851
>futures

Jerome please end me
Stop dragging this out

>>54842851
average SOXL hodlers

>>54842852
holy shit, wtf am I witnessing

Anyways,
>FUTURES

>>54842868
>FUTURES
(last one)

>>54842774
Ya, idk if you follow Rudy Havenstein on substack (formerly twitter) he had a great quote. It was something along the lines that Karl Marx was wrong on a lot of things, but he was right that inflation was behind every revolution.

Now take in mind, what does the fed actually inflating away our debt even look like? Debt today is from selling bonds, not actually printing money. So with that in mind we would get to a point were our interest payments are paid solely with any money we are borrowing. And possibly at that point we're just printing to pat bondholders on maturity.

Contrast that with the fed creating a recession by making credit expensive, giving us another recession with.. what at worst 10% unemployment? Ok so people are still employed but niggers and neet are suffering.

That's constituency split. Inflation is everyone who uses dollars (every american) on one side of an issue. Do the math, what's more advantageous to those in power?

>>54842717
it bottomed at mid-6s, I remember well because that's when I got greedy on my SOXS instead of selling
maybe next time

Low volume pump = high volume giga dump later

I don't want to live through a depression

>>54842904
we won't, jerome will be given the mike pence treatment where they kidnap him and force him at gunpoint to have sex with a child and if he doesn't do what Biden says they'll release the tape.

>>54842904
cheer up friend, we've been hurling further and further towards a depression since 2007, it's just becoming less deniable

>>54841796
Everything is crashing in terms of gold right now.

China won

please explain how the most priced in .25 bepis rate hike means things are over?

>>54842916
I don't know if I have what it takes to live through a depression
I barely have what it takes to live through whatever right now is

>>54842955
pussy

>>54841804
>Zions

>>54842856
>>54842873
>futes

>>54842966
Yes, I am pathetic

>>54842955
Maybe I'm just a schizoid but I immensely enjoyed Covid lockdown mode, was comfy
maybe the depression will be similar
you'll always have your retarded anonymous wailing wall para-social friends

>>54842888
Yeah this move is fake as shit. Be careful trading tomorrow anons, we’ll have more pain from regional banks. Then it’ll be FDIC Friday vs post Apple Earnings

>>54842968
kek that's great
Can this just be the new meme to just post >FUTURES and roastie #rekt videos

>>54842935

The rate hikes aren't even working. Houses and rent are still expensive. None of the companies will ever lower any of the food prices because they have to make more profits every quarter or else wall street will dump their shares. If anything, the rate hikes just make it harder to buy homes, cars, etc.

If you had money you're good, if you're poor you're taken care of, but if you're middle/working class ages 18-50 and trying to make something of yourself? Get fucked.

>>54842955
If you're already poor your life won't change all that drastically. If you don't have a job, get one before it's too late. You're largely going to see rich people jumping out of skyscrapers during a depression. Me? I'm old poor, I grew up eating bologna and hotdogs on white bread instead of buns. Depressions brutally fucks the rich not the poor. Because the rich don't now how to adjust from eating prime rib everyday and taking a helicopter to work, to having to drive themselves places, and having to cook their own food. They'd rather die.

>>54842974
I imagine in a true depression, 4chan would be shut down because advertising would dry up and they couldn't afford the hosting costs. In fact, the data center where 4chan runs might just have to shut down because most of their customers stop paying. As for us... we'll all lose our jobs, our apartments, our homes. We'll end up living in tent cities set up in Walmart parking lots... at least until the National Guard comes and tries to kick us out, shooting a few of us in the process. That is until the US Government runs out of cash to pay guardsman... then they all just end up in tents like the rest of us.

>>54842633
This is what I would do if I was a billionare. I'd just buy land, rise a castle with a forest on the side, and have stables, a standing army, granaries, cattle, etc. and build my own feudal society, with fools tumbling and singers playing the harp in my feast hall while I eat with my high commanding officers, scribes, and advisors

>>54843024
We need to have an organized plan where all /smg/ anons can meet up so we can start our own tent city and plan our next trading strategies for when the markets finally recover so we can all finally make it together.

>>54842633
Is it for Bill Gates?

>>54843041
It would have to be near seattle, that's were like 2/3 of us live

>>54843041
have you seen the success rate of the average /smg/ poster?
they'll invest in the SOXL-equivalent of tent city

>>54842988
yeah I get that I remember seeing $5 milk gallons in 2012 and people were starring at the fridge cursing. but as far as equities goes if they just raised isnt that an indication inflation is not going away and therefor stocks will inflate making us rich

>>54842988
What if you're a working-class techfag with about 100K in your brokerage account? I feel like a bad economy would actually let me get my foot in the door with some cheap shares, help me in the long run. Am I retarded for viewing this possibility as an opportunity? (On the other hand I have autoimmune shit that requires serious medicine so I'd honestly KMS if I became truly poor and couldn't afford the shit anymore)

>>54843049
this.
there’s literally already tent cities set up for us.
we could leverage mr fat hands hambeast physique to get rid of the current tenants and take over their territory.

>>54843041
I for one am looking forward to living in a real life version of Escape from New York

>>54843076
this one has to be a fake article

is there no limit in USA how much a stock can go down in 1 day? no investor protection mechanism whatsoever?

>the government is seriously discussing minting a trillion dollar coin to solve its financial problems
Idiocracy was supposed to be satire.

>>54843112
no niggers aloud on /smg/, you dumb niggerkikemonkey

>>54843024

If 4chan is ever at risk of shutting I down I will personally fly to Japan and withdraw millions of yen at various familymart ATMs and go over to Hiroshimoot's office and pay him to fucking keep it alive because this place is my livelihood.

>>54843061
I think commodity foods like milk and eggs might come down but packaged shit and drive-thru goyslop will stay the same price. I expect most stocks if it's bought at pre-covid valuations to be fine as long as the balance sheet is good and they made profit (not revenue, fuck revenue, means nothing) and/or had more shareholders equity 12/31/22 than they did in 2021.

>>54843072
I too have about 100k in my brokerage account and I'm loading up on cheap shares. Not a techfag, but I do alright but the high cost of living + Houses having more than doubled around here in the past couple of years so my total comp worth half is much in the grand scheme of things. Sucks to stomach these bad weeks but in ten years we'll be glad we did. We're gonna make it anon. I'm sorry you have an autoimmune disease.

>>54843139
no they’re fucking not.
I know this is an analogy or whatever and you don’t mean it in a literal sense, you got a link or something to whatever you’re talking about? is it just bail outs?

also, the fed is in inflation fighting mode so whatever bullshit you’re describing just means more rate hikes on the way

>>54843112
circuit breakers don't work in after hours

>>54843024
>I imagine in a true depression, 4chan would be shut down because advertising would dry up and they couldn't afford the hosting costs
advertising revenue is already pretty fucked, nigguh. that’s why FAGMAN is having lay-offs.
4chud seems to run more off of 4chan passes than advertising revenue

>>54842810
yagmi

>>54843158
Use google, nigger. It's backed by the Jim Cramer of macroeconomics himself.
https://www.businessinsider.com/debt-ceiling-solution-mint-a-trillion-dollar-platinum-coin-2023-5

>>54843139
the trillion dollar coin has been proposed for many years. Krugman was pushing it 12 years ago like he's pushing it now. Guise I can see how Krugman will go to far: a quadrillion dollar coin

>oil
what do I buy when crude hits 60?

>>54841799
nope until the Core PCE number is not at 2% or less fed will not stop raising rates

>>54842810
Zions got taken over by jews, it's not as mormon anymore.

>>54843189
wtf

>>54843139
What? I just saw this on pol and assumed it be anther troll thread...
How the fuck can minting a single coin change anything? Who gets to keep the coin?

>>54843220
It's literally minting new money to fund the government. AKA full Zimbabwe mode.

>"Beowulf" would later tell Wired magazine that the coin idea came from a December 2009 Wall Street Journal article that talked about how several people were able to generate frequent-flyer miles at no cost by ordering coins from the U.S. Mint with a credit card offering mileage rewards, then depositing the coins at a bank to pay off the credit card debt.[43] He also said that he was inspired by the 2008 book Web of Debt by Ellen Brown, which cited a former Washington official who said the government could order the minting of large coins to pay off the national debt. "Beowulf" said the trillion-dollar coin idea is more rightly attributed to a small discussion group than to an individual, adding that the group was "just in it for the lulz" (i.e., for personal amusement).[44][45]
Uh 4channelbros... is the trillion dollar coin our doing?

>>54843222
>Checked
Big Mac selling for $10k by eoy

>>54843224
>just print more money to pay down the debt lmao

>>54843189
>nobel economist
>printing money doesnt generate inflation

>>54843198
I'd tap that if her tits were bigger

>>54843243
it's only inflationary if you spend it :^)

>>54843256
shit taste

>>54843189
Krugman comes to power next year

has /smg/ figured out how to use AI to make their number go up yet?

>>54843288
Too much effort. It's not worth it, you're better off being a Boglehead and working on separate AI projects.

>>54843024
>advertisements
Buddy, 4chan has been run by the government since like, 2008.

>>54843288
I saw the techlead video where he claims he is using ai/trading bot? to earn $50 a day in passive income but it wasn't clear how much initial capital he is using/risking.

Also anyone competent enough to do that could likely make more money with a real job anyway.

>>54843171
... but why?

Wow AAPL MSFT is still 12% of the nasdaq EACH. The market really does live/die by those 2.

https://www.reddit.com/r/wallstreetbets/comments/13770xw/breaking_jerome_powell_clarifies_his_comments/

t. WSB

>>54843374
>>54843374

>>54843324
techlead is a con artist, you shouldn't waste your time listening to anything he says
he probably has a le secret discord channel that costs thousands of dollars to get a copy of his generic, unproven algo bot

>>54842153
He's not wrong.
Even in times like these the US is still miles and miles and miles ahead of everyone else.

>>54843377
too early, faggot

It's really morning in Tel Aviv
The amount of astroturfing jews just quintupled

>>54843139
>>54843189
If they mint such a coin, what happens when someone steals it?
And does this clown still think their medal is worth anything?

>>54843288
All of the big investing firms already have their own variant that they've been using for years.

>>54841799
Nah, it's still so fucked up that it made me have to buy the first shit I saw, I grabbed NEZUKO just for the waifu, but if everything keeps getting worse I'll have to consider having 3 fucking jobs

>>54842243
I bought the dip yesterday, 3 minutes before ding-ding.
If they can fix their ROCM software they can get a good chunk of the AI action. They have the hardware, they have the volume, but their software sucks and that is the only reason people go for NVDA hardware.

>>54843299
Make AI wives to satsify me with my bogle gains

>>54841846
I blame Mike Mckee (I like him but his excellent question made me McReeee when I heard the answer).