/biz/ - Business & Finance

>he isn't buying NTR

>>58188951
Earnings plays for next week?

Why do I keep coming to this freakshow called /smg/? Am I mentally ill?

>>58188951
>Bitcoin's open

Yeah I’m thinking OIL and GOLD.

I brushed my teef, showered and now i'm playing Power Wash simulator. I am feeling good today! It would be amazing if I knew i didn't have to eat Beans and Peas for breakfast again.

Anyone have thoughts on MP Materials? I traded for an amazing swing on IPO, With NDPR prices still finding a bottom i'm uncertain of where to buy in next, maybe below IPO price?

>>58189027
>i'm playing Power Wash simulator
bro Wtf
>have to eat Beans and Peas for breakfast again.
Do you understand how healthy that is.
>I am feeling good today!
Nice.

I am mostly in to Japanese value stocks

>>58189001
are you the anon who is in love with a porn star..........

>>58189062
Canon

>>58189011
Holding PBR and was shorting KRE but I lost my pants on that one.

>>58189061
whaaattt i like the way the water goes psssshhh and stuff starts to get sparkly, and yah but I was an avid slop eater a couple years ago, now its been like 2 years of this stuff and it's soooooo booooooorriiiing. The chemicals in slop must be insane, feels like I want to relapse.
I hope you are doing well too.

PS, I want to be that dog.

>>58189001
you want to be in a community or maybe you want some stock advice

Why isn't the line moving?

Never change, smg.

Have any of you taken physical delivery on futures contracts?

>>58189212
No but I did redeem some of my TSM shares for a young Taiwanese hardware engineer, he is my twink bussyslave now

>>58189128

Dividend not covered by cashflows. Priced efficiently. So no juice left.

>>58189001
Despite all the shit talk people always return to their boards. It just destiny. No point in fighting it. You’re here forever.

>>58189027
> Power Wash simulator
You know you could get a real power washer. Maybe even make some money using it. Outside is not as scary as people claim.

>>58189164
Today we recognize the lengths to which the Jews will go to retain their power, status, and privilege. Christ is King.

Anyone want to do a quick debate on oil use projections? All the government entitites keep saying oil use will decline.. yet that hasn't really been the case ever. So what gives? How can they continue being wrong for over fifty years now.

>>58189314
government entities are filled with quota fill in retards who are expected to repeat a party line that’s all. If they were worth a damn they’d be in a private industry

>>58189342
Kinda true, but you would think market wouldn't take the bait. Or is there a secret group that is constantly accumulating traditional fossil fuels and are safe?

>>58189062
>SGD
Based.

>>58189369
I’m sure there are groups who are securing OIL in that fashion but it’s not totally relevant to the market otherwise the data would reflect it. Those price movements over time are institutional buy/sell/repurchase and general market hype/anxiety. I’m probably giving a horrific oversimplification but it’s just my opinion

>>58189001
Because the jannies know we’re a bunch of 30 year old boomers and election tourists here, so they don’t do their tranny shit here and we can be at peace

>>58189027
>Anyone have thoughts on MP Materials?
I keep looking at it because I want to believe in it but I don't see the next earnings going well because the prices are still so low, no?

>Markets closed for Good Friday
The jew did this

>>58189715
nah, this time it's christcucks

>>58189477
I need to figure out how to calculate health of a companies debt.

>>58189793
Just call and ask! They usually have a corporate number

>>58189314
Oil will decline in the West, proportionally their industrial output will decline.
Oil will become bigger in south America, Asia, africa, and possibly australia (not sure).
No 2nd world country who's serious about economic growth will dump oil investments. They will pretend to, as an act for Western investment. Western investments know this and will act along. But they all know they're just creating a situation where each side can blame each other so no one has to take the blame. It's a trick.
Europe will suffer but will invest in oil in 2nd and 3th world countries while preparing to go ultra high tech by producing nothing and just providing services. I'm not sure how that will play out, probably not as well as maintaining an industrial base. But since most money is made through investments from Europeans into other 2nd world countries, the money will still flow in and you're still on top no matter how little industry you have.

In any case Guyana found a huge oil field. Oil will get cheaper, and get bigger, not smaller.

When do the inflation numbers come out today

>>58189880
Guyanas oil field is probably connected to venzeula and the world powers are punishing venzeula for not bending the knee.

>>58189893
56 minutes

>>58189872
yeah but I dont know how to do fundamental analysis for profit/cash flow to debt renewal, etc. I do know a lot of oilers are fucked by higher debt cost due to ESG policies.

Let's dump in April

>>58189909
just look how their debt/bonds are trading

>>58189793
If the average interest on debt is lower than the return on invested capital, it's usually healthy, but always try and figure out why that debt has been taken in the first place, is it to expand while retaining liquidity, or because they are struggling?

>>58189960
and compare their bonds to other companies that are "healthy" ? Since bonds only care about the safety of them being able to repay them?

i did have some really nice returns this week?
i guess its mostly tied to the lowering interest rates of that one bank?
anything else important that happened this week?`
i would have thought the bridge incident would have tanked the market atleast a little

What a beautiful day to lose money.

Should I try to make money by shorting this clown market that allows companies like Microstrategy to exist, or should I just stay out? Feels like the opportunity is too good to pass up.

Buy gold miners.

you bought calls right anon?

ai dashcams

I literally can't lose money today

ai surveillance

money for ai

>>58190389
2023 to 2024

money trickling in

bobo is 100% right. the economy is terrible. the market is pumped artificially. bidenomics is applied injustice. the infrastructure is literally crumbling and the tide of incompetency rises. all of that will serve only to make his long, painful ordeal even funnier, because all those problems are gonna be papered over with fresh, crisp, currency. and the prices are gonna go up. relentlessly. don't believe me? buddy, check out gold computer. there won't be a crash. just rising prices and complacency. no, that's the wrong word. there will be joy.

>>58190407
I love boobs

new york first

then others

your privacy gone

>>58190407
I mean the Doom Bull hyperinflation path, leads to your money becoming functionally worthless regardless of your gains.

>>58190419
They can't even get people to pay fares they expect them to wait in line to get scanned for a metal detector?

>>58190419
I hate this city so fucking much

ai will have an answer

>>58190458
It's worth it for the heckin' culturally diverse hustle & bustle though, right? Right?

Computer, make me breakfast, on the double.

>>58190407
Why do your ai pics always look so blurry?

>>58190442
you simply make that situation work for you.

>Best stock market quarter since 2019
Unironically tell me why I shouldn't be voting for Biden in November when I've been the richest I've ever been based off CHIPS alone

Imagine being bearish. Even when we were getting "bad" economic data in 2022 it was retarded to be bearish. But now, there's objectively good news leading into a loosening cycle. It bewilders me when people say "the economy is so bad!!!", I actually go out into the world and interact with people and the only ones complaining about that stuff are the same ones who will blow $100 on movie tickets and popcorn, or buy a $70,000 sedan, or offer 20% above market price for a house. Don't let normie faggots dictate your life, they've literally never been right.

I shorted the whole market.

This figure depicts my net worth from when I was approximately 28 years old to the present.

>>58190567
why are you still on 4chan at almost 34 years old YUCK

>>8190419
imagine just not being a broke nigger that rides the subway ezpz
Now are there any non retards on rn with decent plays? I'm shorting DTJ in June that's all i can think of. Also wanting to long south america long term, what was the colombian waifu oil ticker?

>>58190574
boomer website
fuck off back to tiktok

>>58190491
>>58190458
CHEY'MONE'ah
HEEE heeee

>put 20k in O a few days ago
>already up 1k and got in before the divvy
it's just too easy lads

>>58190585
>boomer website
I think you meant Yahoo Finance comment sections. 4chan isn't for boomers. If you're here over 30, you undoubtedly took a wrong turn somewhere in life.

>>58190491
I’m only here for work and familial obligations this place sucks for poor fags like me. I can’t even find a good gyro anywhere

>>58190560
My theory from a week or two ago is that there will never be another large crash of the market without a significant global calamity.

1) Americans will keep spending no matter what, to and beyond their limit as long as there is something they want being sold.
2) Its common knowledge after several crashes now that selling during a crash leads to a bigger overall loss than the market actually suffers.
3) The young generation has a much larger risk tolerance for loss

The market will buckle with small corrections, but not break.

>>58190604
>discovered /b/ in 2005
>still here 19 years later

>>58190567
Nice work anon, I started tracking mine around 2021 and it's definitely helped me have more perspective on my money. Do you count physical assets, like your car/computer/instruments etc?

>>58190604
Man it gets summer in here so early these days

>>58190604
Dont forget, you here forever
nigger
Invest in south america

>>58190557
>Stock market high
>worst job market, no one is hiring and everyone laying off

Which metric will converge to the other? Like alligator jaws

>>58190604
By thirty years of age, only a fool would think they hadn't taken at least one wrong turn somewhere in life.

>>58190633
>>58190636
>>58190644
Sad.

>>58190649
Worst job market at the entry level. Sucks to suck.

pennyscams at risk

>>58190631
Totally agree. And as long as the US dollar is a) fiat and b) the global reserve currency, a system exists that will indefinitely push the US economy higher, and all economies connected to it. More people in the world = more money in the world = line go up. I saw that Peter Lynch quote here yesterday about how corporate profits are basically expected to double every 8 years, and how the markets have lagged that a little bit in the last decade. Anyone bearish now is going to be so assblasted in 2030 when things are even higher "but everything is so much worse!!!!"

i'm trying to time my market exit to (hopefully) buy a home all cash. is Dec 2024 a good exit strategy?

>>58190649
>>worst job market, no one is hiring and everyone laying off
Only if you expect a remote tech job paying 200k. Techies will just have to learn how to frame a house.

>>58190636
That's an interesting point re physical assets. I could PMs (~5% of net worth) as I see those as mostly liquid. But everything else I do not count. Honestly, if I were to well everything I own, is be surprised if I got more than 20k for it, so it's not some huge chunk of my worth I'm overlooking.

>>58190661
Mistakes are a part of life, of course. Mistakes that lead you to still be on 4chan after 30 is a whole other story. Thank you boomers for showing me what not to do.

>>58190664
>>58190649
>Muh job market
You faggots will eventually realize, way too late, that unemployed humans is the inevitable side effect of technological progression.

get money from debt and offerings, buy out actual profitable companies

cash out at peak of ai dashcams craze with ipo in the end

>>58190687
May as well leave now, better not risk it.
(I am partially serious.)

>>58190612
That sucks. There's a really good Greek restaurant like 5 minutes from my house. Run by an old Greek guy and his wife. They've got belly dancing a few times a week and the food is great.

>>58190708
I have a hard stop for late October, not planning to be around for another election season on here

>>58190685
Yeah good point, I guess it's hard to count something as part of your net worth if it's not immediately usable as money. I have a bunch of instruments and studio gear that would probably add a decent chunk to my net worth but I've never ended up calculating their value.

>>58190674
>>58190695
Should I be dumping my GSI at open?

WHAT THE FUCK WAS THAT

>>58189896
>the world powers are punishing venzeula for not bending the knee.
Kek, the government there literally steals generators from its own power plants in order to pay the bills.
Anything that’s not nailed down is taken, an actual kleptocracy.
The place got Dutch Disease so hard it’s society devolved into barbarism.

Venezuelan doctors and other professionals have to leave the country just to not starve or get shanked by government gangsters.

>>58190715
Is this in the city or a place where actual humans live cause that sounds awesome

>>58189314
Declined oil use is just a pipe dream for liberal controlled governments and bureaucracy. As world population increases so will the need for oil and the products derived from it. As first world countries out source their labor needs they will also out source the areas where natural resources are acquired. Why shit up our countries with large holes in the ground and pollution when third word countries will do it for cheap. Also oil will need to be found and retrieved and that will be done by big oil while tapping into the cheap labor provided by brown countries. Oil will always win.

>>58190575
When you do the math, buying an electric scooter is cheaper than a single year of using the subway.
You can also charge it in your shoebox apartment.
Just don’t take it out when it’s icy and it’s pretty good.

I’m bullish for e-scooters in places like New York.

BANG BANG BANG BANG BANG BANG

What's everyone up to on this blessed Friday?

>>58190732
it doesnt hurt to take out your cost basis entirely or take profit of any pennyscam because they are pennyscams for a reason

if ur patient, you can sell all your shares for 78 cents, someones been bidding it up to 79 cents consistently all week

>>58190419
Only if your a poor wagie who has no choice but to ride public transportation

>>58190806
COFFEE Z O N E

>>58190740
San Antonio so we've got more than our fair share of subhumans here.

CSCO
$49 stable coin

>>58190574
Pray tell hip youngster, where should an old man like myself be shit posting, trading rare pepes and making dollars on stocks?

>>58190861
if ur a leaf, i recommend

https://forums.redflagdeals.com/investing-f134/

>>58190861
Stocktwits is boomer central

>>58190861
The internet is flat. It's fuckin over. Go outside.

On this Good Friday, we reflect on the profound sacrifice of Jesus Christ, embracing the depth of love that led to his ultimate act of redemption. Let us contemplate the significance of his crucifixion, finding solace in the promise of hope and renewal that it brings to humanity.

>>58190927
Based

>>58190820
I’m sure, it’s a fucking plague all over the country but the nyc council just amplifies it to unbelievable levels of retardation

>>58190732
have to add

really hope it doesnt get bought out this early
buy outs aggresive or not usually arent multi baggers
>The Transaction values the Company’s total equity at approximately $150 million on a fully diluted basis. The Consideration represents a 39.9% premium to the closing price of the Shares on the TSX Venture Exchange (the “TSXV”) prior to the Company’s announcement of the Transaction and a premium of approximately 40.1% to the 20-day, and 52.1% to the 60-day volume-weighted average trading prices of the Shares.
40% premium when ai dashcams can get that much on its own from one big contract like maybe the TTC pilot program coming to fruit

>>58190806
It’s my birthday :)

>>58189011
checked but also uraniumless

>>58189074
cool gyate gyate marisa

>>58189880
tl;dr first world goes nuclear, countries that have yet to industrialize will use oil until they can use nuclear

https://seekingalpha.com/article/4680933-rivian-after-a-crash-from-179-to-10-im-buying

What do you guys think of Rivian at 10 bucks?

(No I'm not the guy who wrote that 'article')

Inflation isn't going away. Maybe in 30 years after nuclear war it'll finally be below 2%

>>58190861
stay here nigger. i just turned 50

>>58191012
I can't get over the fact the Rivian pickup weighs twice what my Tacoma does. This may or may not be financial advice.

>>58191012
I'm not impressed with their vehicles.

Dear diary: So I stir fried the string beans with the peas and splurged with a little onion.
Then smooshed the black beans into a latke sort of thing with the rest of the onion and fried it with a lil oil.
Poors gourmet for today.
I hope you all have a good day.

guys.... i stopped trading and forgot about my investment account during this period. My NEGG holdings are down 50%... should i just cut my losses or try to sell calls to farm premium to break even? Avg cost 1.98 with 100 shares.

>>58191029
Dont ask an EV owner how their vehicles incredible weight will impact the road infrastructure or how governments will pay to repair it without gas tax.

Do minimum wage bumps contribute to inflation or not?

>>58191012
are they giving cars away for free or something?

negative gross profit

>>58191048
>are they giving cars away for free or something?
Is there any other way to compete in the used car market?

I know you guys don't remember this but some months back I had an assignment to write an equity research report. I asked /smg/ for recommendation and most of you suggested XOM.
Wrote it and got the highest points in class and the appreciation of a retired bulge bracket MD. Thanks guys!

Again have another one where I need to pick 5 stocks and an index for it, to build a portfolio for my client. Any recommendations?
I was just thinking I should just make it around a Energy Index or a Natural Resources Index

>>58191012
TSLA really only has sales now because of pajeets and legacy brand name. EV's dont sell all that well otherwise though.

>>58191047
It means more spending money for poor people, so yes it will contribute to inflation.

>>58191053
so ur investing in a charity

When I die I'm going to meet God and he's going to review my trades.
Not good.

>>58191047
inflation is only the money supply. min wage affects pricing, hence why large mcdonalds fries is 5 bucks in ca now.

>>58191059
>>58191077
>min wage affects pricing,
ok thanks for the clarification, that's what I needed to know pretty much

Puts on TSLA is free money rn btw

>>58191066
God is truly the final female broker

>>58191055
Energy and Infrastructure would make a great index for the near future. Nuclear/Uranium, Copper, Transformers, etc
>GEV
>ROK
>SRUUF

The line still isn't moving.

>>58188951
>op pic
>missed opportunity

>>58191055
>Energy
just stay away from utilities. Problem with them is the pricing is regulated so they have a harder time keeping up with inflation.

>its only friday morning
long weekends suck, open the market ffs

>>58190861
I just turned 44. Been here since 2007. We're here forever. Who cares.

Thinking about getting a black adidas track suit, they look really cool and comfy.

>>58191245
>mfw i'll be 37 next month
fuck im getting old.

>>58190631
>there will never be another large crash of the market
Most people said there will never be another war in europe. It's kinda like saying that you're proven immortal because you haven't died yet.

next week

>employer says not to talk about salary with colleagues
>same employer sells salary data to data brokers
>with a contract that's got an NDA involved for the empolyer-employee relationship

can i sue?

>>58190574
Don't forget we're here forever
Also /smg/ is for old people

>>58191266
>Most people said there will never be another war in europe.
Who? When? If anyone was saying that it was based purely on sentiment and ignored logic entirely.

>>58191264
Damn, there are a lot of Spring '87ers in /smg/
I wonder if there's some financial reason for that...
Are you also a disappointment to your parents?

>>58190675
This is why I am praying for BRICS to come online.

>>58191301
Nah, my cousins are basically basically retarded potheads that have never accomplished anything so compared to that i'm amazing.

>>58191278
Literally everyone since WWII

PCE figures hit today bros. Nothing really out of the extraordinary. What I thought was interesting is this
>Personal income misses expectation (worse than expected)
>Personal spending increased like crazy
Big kek. Bobos wrong again. Normies can easily handle the inflation. We finna pump again next week. God I love this market

>>58191310
Lol not even BRICS thinks they can overpower the US dollar

>>58191340
Livin' on credit
It's the American waaayyyyy

>>58191336
There have been regional wars in Europe every single decade since WW2. Not that the two issues are even remotely comparable to begin with.

>MO
>PM
What would you choose? PM has zynn and that seems to be the new thing with zoomers

>>58191277
>MFW

Wait are you telling me there are people here who are under 30? Why?

>>58191213
>not trading OS markets, futures
I see you're new here. Welcome, enjoy your stay.

>>58191340
normies will be grubhubbing mcdonalds and starbucks well into bankruptcy.

Can't fix retard.

>>58191273
>employer says not to talk about salary with colleagues
You an sue there. Salary discussion amongst workers is protected free speech.

>>58191368
Gambling with scholarship funds

>>58191349
Far away and barely noticeable ones.
>Not that the two issues are even remotely comparable to begin with.
You really can't make the connection between you dismissing the possibility of a crash because right now nothing is happening and the miscalculations about the possibility of a war in europe because at the time nothing was happening?

>>58191384
Anon will also get fired, or work will be so miserable he'll quit on his own. It will also show up on any background investigation that anon sued his former employer, and he'll probably never get a decent job again.

>>58191368
These kids and their n vidya.

>>58191402
>You really can't make the connection between you dismissing the possibility of a crash because right now nothing is happening
Thats not why I dismiss the idea at all.
>miscalculations about the possibility of a war in europe because at the time nothing was happening?
Again Im not really sure who was saying this besides some uninformed pub dwelling retard. Literally the entire planet was expecting war between NATO and the Warsaw Pact.

>>58191375
I can't stand beggars. Even having lived in hostels and been registered homeless. Because I know they're lying.

I also have a £12 off when you spend £20 food voucher. Gonna be a dirty burger King Friday I fink. Very dirty.

POWELL SPEAKW TOSAAAAAY LETS GO

>>58191368
The real question is why isn't this being taught in high school.
>>58191401
Based and gambling pilled
>>58191403
Yeah bro once you become a headache for the fat ladies in HR your career is over unironically

testing 1-2
testing 1-2
jannies tongue my anus

>>58191171
>>58191208
Thanks I'll keep that in mind

>>58191375
Idk, are they really that retarded if they're effectively getting food and such for free?
I had a teacher who would say, "the guy who dies with the most debt wins."

>>58190463
AI is always considered racist, so it will always be restricted

>>58191524
>Listening to advice from a teacher
Anon, I

>>58191524
>I had a teacher who would say, "the guy who dies with the most debt wins."
Was your teacher Robert Kiyosaki?

>>58191545
I'd never do such a thing! Debt free is me and the way to be dawggy dawg.

>>58191403
>making money with stock options
>developing my own business

i can afford the risks - i want to enjoy the rewards of screwing over those fat hr sepuko eyed bitches at that

>>58191524
Your teacher was an abyssal black gorilla nigger.

>>58191524
>"the guy who dies with the most debt wins."
#1 at the special Olympics is still a retard. Besides who the fuck would listed to advise from a retard making 50k/yr.

>>58191528
privacy is a slipperly slope it is already too late
money leads the way, justified with saving childrens lives so you end up the devil if you protest against the privacy breaches
one by one each state will follow, cameras watching all children

subways will follow
u have no right to the service if you dont accept ur privacy is gone, it is entirely ur choice to use their services after all

>32
>zero liquid savings until this year, working 9 to 5 on meh wage but living with family so expenses are minimal beyond the set rent I pay to family
>decide I need to start saving

>currently have $5k in a SIPP (UK equivalent of 401k) that I pay £75 (matched by employer) into monthly
>putting £100 into a savings account with 4% interest monthly
>starting this month, putting £25 a month into stocks (more if it works out well, for now doing this much since I'm new) - 80% will be in index ETFs, 20% will be "play" money for more volatile stuff
Does this seem good for now? I'll reconsider the values later for sure, depending on how they all go.

I really just want safe, long term gain for the next 30 years or so.

>>58191594
£5k in a SIPP, I mean. I'm a dumbass.

>>58191594
>savings account with 4% interest monthly
There's no way this is real right? 4% every month? That outmatches the stock market. Almost 50% per year? Sounds like bs to me

With regards to my aforementioned teacher, I'd like to provide some context.
He was a fundamentally good guy a joked a lot. He had his personal issues but most students, including myself, like him a lot. He joked often. He was a history teacher. In retrospect, I suspect he was referencing nations and currencies rather than individuals. I.e., a country that produces a currency, gets a lot of things and runs up a lot of debt, and then the currency collapses - that country is something of a winner. (Though perhaps pyrrhic victory.) He wasn't a genius or anything but was funny and well liked and gave somewhat askew life advice. I hope he's doing well.

>>58191616
That's shit wording on my part. Should be

>putting £100 into a savings account monthly, with 4% interest (per year)
The money goes in monthly.

>>58191623
Yeah, but you gotta be careful about your sardonic comments, especially as a teacher, because kids aren't going to get that nuance. I wouldn't be shocked if a classmate thought wow Prof. Tard was right about this debtmaxxing thing.

>>58191594
Saving and investing a total of 125 a month is bad. Especially if you live with family and have minimal expenses. In your situation and at 32 time is starting to not be on your side. id be as aggressive as possible with the amount I invest to catch up.

Powell time
https://www.youtube.com/watch?v=fBA4HxL828o

>>58191659
Powell deez nuts

>>58191594
Dont take this the wrong way, but £125 a month is basically nothing. I mean it's a start, but you must be in a position living at home to save more.

I would dump 100% into an all-equity ETF and not even bother with individual stocks until you have more cash and more knowledge.

>>58191629
We euros really get the short end of the stick... we have such pathetic interest rates. Saving accounts are just pure evil here. It's much better to put it all into stocks. Even some REIT is better.
Still, I guess it's better than nothing

i dont care how old i get i will never use a website that forces me to make an account and prohibits my people's long cultural tradition of calling everyone niggers

>>58191659
fuck lady, just suck his dick already

>>58191701
Hear, hear. I don't need fags going through my post history and trying to cross examine me because I made some funposts.

>>58191713
she looked nasty, fucking dikes

>>58191737
I expect nothing less of sf

hello mister jerome thank you for taking our questions i only have one question thank you and it is if the market is controlled by the jews then why is it closed for a christian holy day thank you jerome i have no further questions thank you for your service

>>58191629
>>putting £100 into a savings account monthly, with 4% interest (per year)
I think you can get 6.5 with lloyds

>>58191754
Can't tell if it's to celebrate killing Jesus or actually celebrating Redemption.

>>58190604
If youre here at any time in your life youve taking a wrong turn, you obnoxious nigger

>>58191629
>>58191756
6.25%
Club lloyds £3 a month or free if you pay in 2k or more a month

total crab victory

OPEN THE MARKETS

>>58191659
WE HAVENT REDUCED INTEREST RATES WE WANT TO BE MORE CONFIDENT! WE ARE IN A POSITION TO REACT TO NOT JUST BASE CASE BUT ECONOMIC DOWN TURN!!!!!! MONETARY POLICY WORKS WITH A LAG

>>58191824
at least we arent hearing about african american unemployment for 5 minutes

>>58191679
>>58191649
The goal is for sure to increase it. Even the savings account is new, started it in Jan, though, so for now these are the highest I felt comfortable going right into doing.

In previous months I have gone paycheck to paycheck but that's been due to supporting family with stuff (£330 for a shower guy to show up is FUCKED). Part of the saving is to specifically make sure I set some aside instead of letting it get eaten up by that, actually.

The plan with the savings account was that beyond the £100, I'd also put most or all of what's left over in my main account from the previous month in when I got my next wage, but neither Jan nor Feb left me with anything even with effectively no personal expenses. Hopefully this month should be better.

>>58191793
Looks good but

>It's only available to Club Lloyds current account holders who have not already opened one of these accounts in the last 12 months.
Would imply that if I don't already have an account with them I can't access this. I'll do more reading on it though.

Although I'm realising this isn't really Stock Market discussion anymore, so I'll leave it at this.

>>58191569
Doesn't hurt to send them an email to confirm in writing their policy. Hint: they won't because it's illegal.

>>58191821
WHY DID AYWWF JUMP 30% ON A CLOSED DAY!!!!! I CANNOT SELL THIS PUMP!!!!!!! FUCK YOUUUUUUU

>>58191835
>Although I'm realising this isn't really Stock Market discussion anymore, so I'll leave it at this.
Doesn't matter, this is the only place on /biz/ to actually discuss financial stuff of any sort since the rest of the board is wall to wall shitcoin gambling discussion.

>>58191835
>Although I'm realising this isn't really Stock Market discussion anymore, so I'll leave it at this.
Its the weekend bro, this place isnt exactly on topic right now.

SMELL MY BALLS JEROME

>>58191835
You should check this out
https://play.google.com/store/apps/details?id=com.switchtracker.bank_switch
It's not made it money but you can get several hundred in incentive coin by current swapping accounts round

I like Powell, but he is incredibly optimistic for an entirely lagging data driven Fed Chair.

Good morning I love money market core positions.

Bobos have the best banter desu. There's always at least a small hint of naivete behind mumuposters.

>>58191898
I don't think most people here are truly either bobos or mumus. I think most people just larp and shitpost depending on how their day is going.

>>58191886
It was already pointed out confidence is everything. So long as the Fed is confident, no one needs to 'panic'. Panicking is what causes major crashes/bank runs. The real job isn't to control inflation/interest rates; it is to ease public insecurities.

>>58191929
This. I'm 100% long and I still troll baggies in here complaining about being down on no news.

>>58191374
OS markets?

IS RECESSION OFF THE TABLE?
>WITHIN THE NEXT YEAR??!
>I DON'T SEE FORCASTERS DISAGREEING WITH ME

>he twitched his nose when saying there wont be a recession, 30% fall guaranteed!

What is Powell going to think about after he leaves?
>I LOVE THE FED
>TRUST THE FED
>WE TRANSCEND POLITICS
>WE HOLD THIS THING TOGETHER BECAUSE WE TOLD YOU TO
>I FEEL ACCOUNTABLE TO THE BELIEBERS

>>58188951
SOUN is about to have a death cross. Rxrx as well.... Oh Lord

What would you say to the Feds being politicized?
>Look at other countries!
>Trust the Central Banks
>If we think a thing it must happen!

YOU HAVE TO LOOK AT BRAINARD'S ASSHOLE JEROME THERE IS LOTS OF CREDIBILITY

>>58192009
he basically said shitskins can't do what hes doing

is DJT going to be able to hold $50 by 4/5? I'm milking IV crush, not sure if I should take the 60% at open or roll the dice. I have tiers from $40 to $10 I can keep open.

>>58191994
I sold it yesterday, I got heemed.

Cnbc muppets are now coping that they HAVE to cut at least once this year dont they???
Kek. No cuts in 24 confirmed.

Are you worried about the balance sheet?
>NOPE!

>soft landing

>>58192032
Dunno if I should sell on Monday or hold, brother

>>58191088
Why though? Its fallen quite abit already

>>58191942
We live in an emotionally driven estrogen drenched society if just being confident is enough.

MY NIPPLES ARE COMING IN HOT JEROME

>>58191670
Long DNUT and BBC

>If the Public understood our reaction then that will make job easier
>Data comes in HOT the fed will do the thing and the market will understand and not freak out
Federal reserve is literally just America's fiscal therapist.

>>58192060
I can tell you on experience; confidence is what drives emotional decisions.
>The things that matter for the United States are not Crises

>INTEREST RATES DONT EVEN MATTER BAKA
>ITS NOT LIKE WE HAVE ANY REAL POWER OR ANYTHING DESU
Jerome! Oh you!

>>58191886
>>58191942
Youre kidding right?
They arent "data driven" and they arent "confident"
Theyre at the end of their rope
They are driven by a bancrupt Biden government

>>58192089
if they weren't confident why would they confidently rack up so much debt? A normal person wouldn't rack up debt like that if they weren't confident their investments were going to pay off and they could pay that debt down. Do you really think the elite government officials of the greatest nation on earth don't understand such simple economic concepts?

Do you get to much press and attention?
>That isn't for me to say
mfw

>can't talk to jannet, plus shes retarded

>>58192098

>>58192089
That's the federal government which is a completely different entity.
The federal reserve is an extension of the banks.

>>58192089
You must not be listening to PaPa Powell. He checks in with all the former fed people; the group is really small, so who wouldn't??
He admitted to the Cartel without admitting to the Cartel

>WE HAVE GAURUNTEED INSTITUTIONAL PROTECTIONS

>>58192099
>investments
>They're just throwing as much money as they possibly can at niggers and Ukrainians
Lol.

>>58192089
You must not be listening to PaPa Powell. He checks in with all the former fed people; the group is really small, so who wouldn't??
He admitted to the Cartel without admitting to the Cartel

>WE HAVE GAURUNTEED INSTITUTIONAL PROTECTIONS

>>58192099
>Do you really think the elite government officials of the greatest nation on earth don't understand such simple economic concepts?
pic related

>>58192128
niggers are the future if they're the only one who breed

>>58192034
There is really no point. It's blatantly obvious we're heading into a recession.
>labor prices up
>inflation is not cooling
>insane national debt
Restaurants are the first domino to fall. People simply cannot afford to do leisurely things anymore. Best case scenario we get a 5-10 year recession, worst case scenario we have a full blown depression (this is the most likely scenario btw)

>>58192089
>>58192139
Jesus fucking christ go back to /pol/ you stupid motherfuckers

>>58192128
I am sure that is deflationary in the medium and long term

Why do you have the job?
>Why DO I have this job?
Don't ask me!
>uuuggggghhhhhmmmmmm For most people most of the time people just go along; I have spent a time making relationships; more so than my predessecor.
>WE ARE A NON POLITICAL AGENCY AND STAY OUT OF POLITICS

But is that working?
>What WHAT?
Is it working?
>OF COURSE!!!!!!!

We’re never coming down..

>>58192149
>Labor prices up
Lagging, just now catching up to monetary expansion
>inflation is not cooling
WOW holy shit you motherfuckers are so dumb about this
>insane national debt
HAHAHAHAHAHAHAHAHAHAHA

>banking system in a good place

>>58192153
>WAAAGGGHHHH HE IS SUMMARIZING THE POWELL SPEECH HAPPENING LIVE
>I DONT WANT TO TALK ECONOMICS AND COMMENT ON SPEECHED WHILE THE MARKET IS CLOSED
>GO TO THAT PLACE THAT I TOTALLY NEVER FREQUENT EVER
No?

>>58191987
Lael's huge hQQters, I reckon

>>58192170
>>inflation is not cooling
>WOW holy shit you motherfuckers are so dumb about this
This. Housing prices are the result of runaway administration due to social cohesion imploding. It's not monetary.

>>58192170
Ms. Yellen you have a job to do get back to lying to the financial committees. Remember, you don't have a plan you have ideals that congress must implement!

>>58192153
Maybe reddit is more your speed.

>>58192170
Ahh hello government shill. Surprised you are working today since it's a holiday and markets are closed.

stfu fucking lesbo

>>58192040
Soft landing implies that they actually fixed inflation. We're in a "no landing" crisis scenario where they realized that they can't fix inflation without causing a sovereign debt crisis.

>TIME YOU ARE CLOSE TO TIME
Seriously?
>*SNORT SERIOUSLY

>>58192193
Yeah grocery prices are still up 1000% percent from before covid, but yeah you're right, inflation is just an illusion. Nothing to see here goy.

The market is so boring today. Hardly moving at all.

>>58192252
seems kind of slow, doesn't it

>>58192252
Jpow froze the markets until somebody brings him a Mr pibb and a big tittied blond

>>58192247
how many times does he have to tell you stupid niggers he's doing his damndest to avoid deflation which would bring prices down? The fed literally jacks off about their dual mandate to keep inflation at 2% yoy fuck your cheese fuck your bread it has to get more expensive by 2% every year averaged out over decades. If the price of groceries drop the world will literally explode so shut the fuck up about "muh food prices" they're never going down fuck you poor niggers

>>58192272
Blonds are a pysop, Fake hair for fake people.
Redheads>Black>Brunette>>>>>blonde
This is explicitly finanical advice

>>58192285
>If the price of groceries drop the world will literally explode
Whats the downside again?

>>58192285
Thats exactly my fucking point. It won't matter though because we are entering a recession that will force prices down because nobody will be buying shit

Is water poisoned on the shelf?

>>58192304
the world is only allowed to explode when the jews want it to you antisemite

>>58192307
we're going to print our way out of a recession again hope you own assets

>>58192212
Yeah pointing out that you retards have the attention span of goldfish makes me a shill lmfao

>>58192247
>grocery prices are still up 1000% percent
>1000% percent
>you're retarded
No they aren't, also. People still complaining about grocery prices are unironically out of touch normie assholes.

>>58192298
shit taste.

>>58192323
Not this time. The government budget got next year is expected to be $7 trillion. Every fucking dollar of that is going to be deficit spending. So to avoid a recession what are they going to do, add another $7 trillion on top of it?

>>58192364
> to avoid a recession what are they going to do, add another $7 trillion on top of it?
yep

>>58192343
>prices aren't up you're just out of touch
Seriously though, working with Biden do you actually smell when he shits his diaper or does he have secret government diapers that hide the scent?

we are data dependent
we are waiting for more data
data data data

>>58192345
No you have shit taste. Redheads are the thinking man's choice.

>>58192395
It's an excuses for them ignoring their duties to play politics.

>>58192397
10/10 in the U.S.

>>58190604
i'm 34 and just cracked $1m networth lol I could buy you

>>58192397
redheads are awful irl tho. Fun but awful
jaime pull up the hot crazy matrix

>>58190600
O is the shittiest net lease REIT, buy EPRT

>>58192397
Yeah no...no. Theyre a miss a majority of the time.

>>58192364
God you are SO FUCKING DUMB

>>58192381
Are these faggots 14? It's like they're just now finding out about US monetary policy

>>58192393
I didn't say they aren't up you faggot schizo, I said they aren't up "1000% percent". But complaining about prices being nominally higher is retarded. You gonna freak out if I show you what groceries cost in the 50s?

>>58190604
Lol, lmao
>1993 represent

>>58192463
>you going to freak it at the cost of living in the 1950s?
FUCK YES I WILL. GOING TO THE MOVIE THEATER AND GETTING A HOTDOG AND SODA FOR LESS THAN A QUARTER.

Seriously though, why does GDP need to grow? What would seem more important is GDP per capita growth.

As far as I can tell, the biggest problem with declining population is the ability of governments to borrow cheaply because if there's a smaller population base, each taxpayer will need to pay more.

Which is part of the reason China's insane. They are spending incredible amounts on infrastructure that will be due for replacement when their population base is smaller in coming decades and labor is more expensive.

Open the FUCKING MARKET! FUCK!

>>58191955
OverSeas

>>58192499
whats the urgency man

>>58192506
We're missing out on unrealized capital gains. Honestly we should get compensation.

>>58192463
So if the government can print for eternity why am I paying taxes?

>>58192506
Literally this >>58192515.

>>58192285
Bro think about the Stouffers frozen lasagna.

>>58192492
It doesnt. globalists have latched onto it though so it excuses anything if line go up, even if living conditions suck ass.
>ex: see england.

the only reason the market is ever closed is so that gazzillionaire geezers can eat their prune pudding on the beach without worrying about their stock managers calling them about things

>>58192560
Ha gay

>>58190604
Probably 80 percent of this general is over 30. Get out of my general zoomer scum.

>>58190567
what's your salary? because this doesn't look very impressive unless you have big expenses

>over 100 year old company
>deep relations with universities, governments
>building their own fighter jets, submarines, missiles, radars, rpgs, antiradar, space tech (all world leading or world class)
>a lot of other products and services
lower market cap than the third branch of some french "military aviation and communications" contractor founded in 2000

Microsoft is a good buy right?
I mean they're doing everything that's innovative. My mom keeps saying the short price action is bad but she won't listen to the fundamentals.

baked
>>58192701
>>58192701
>>58192701

>>58192695
No American tech companies are capable of innovation anymore.

>>58192492
>why does GDP need to grow
because the Biden government is bancrupt: >>58192089
thats also why they keep the border open
more people = more economic growth
pure desperation

AMZN, Googl, MSFT, V - $10k each. What do I buy more of? $25k

>>58192247
>prices are still up
TIME
D
E
R
I
V
A
T
I
V
E

God damn.

>>58192709
wdym the last thing they did is sora and buy figure robotics

>>58192715
Avav

>>58192730
>sora
That's not Microsoft, that's OpenAI which Microsoft has a few agreements with but they don't *own* (contrary to popular belief.)

>>58192099
They understand it. They just hope that a majority of the voters don’t understand it.

>>58192285
>the world will explode
Why?
>uhh you'll be actually able to effectively save money instead of being punished for not instantly spending your paycheck on chinese garbage and cornsyrupsoybeanoilcarageenanreddye40 patties and a side of fries delivered to you, cold, by somebody who was considered the village idiot back in honduras

>>58192397
She isn’t going to be the new “our girl”, is she? She doesn’t even have a penis. (I saw the video)

>>58192715
>the stock collector mentality
lmao the fuck