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/biz/ - Business & Finance

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18368919 No.18368919 [Reply] [Original]

Is this bullish?

>> No.18368987

>>18368919
dead cat bounce

once all those furloughs and layoffs and whatnot start really kicking in with rent, mortgage, car and credit card delinquencies and subsequent bank defaults it will really start dropping. We've already entered the vicious spiral of cutbacks, layoffs, lower production and sales then further cutbacks and layoffs.

Shit hasn't even started yet. This will take years to resolve itself, the endless printing of money can keep it afloat only so long

>> No.18369199

>>18368987
based and red pilled

>> No.18369275

>>18368987
This. People are really gullable if they think this is anywhere near over. We can meme ourselves through months of this corona shit through debt and brrrr. Shit hits the fan when the cleaning up starts because we need to clean up the corona mess, a decade of bad spending and the remnants of the 2008 crisis.

>> No.18369396

No
Buy SQQQ

>> No.18369447

>>18368987
There will be no defaults because any toxic assets will be offloaded to the Fed.

Then, in 6 months, as the underlying assets (wagies) are "rehabilitated", those rent streams get put back on to the market.

>> No.18369483

>>18369447
I'm betting on this, which is why I'm all in on bitcoin and transfered that shit off the exchange.

>> No.18369570

>>18369483
??

If (nominally) 10 trillion of MBSes default so they're now actually worth 5 trillion, banks will offload them to the Fed for 10t. Because they own it.

They won't turn around and lend out the 10t, especially since there's no demand, so there won't be any wider inflation.

Six months from now, they'll spend 7.5t to get back the now rehabilitated 10t in MBSes. Then they *do* have an extra 2.5t but that mostly sits in assets and only slowly trickles out as banker bonus checks.

So it's not clear to me how Bitcoin gets a bull case out of that, relative to more common risk assets like equities.

>> No.18369718

>>18369396
Why do you retards go with something that tracks nasdaq when it's far more stable compared to SDOW.

>> No.18369802
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18369802

>> No.18369808

>corona over, back to normal lol

LMAO this is a godsend if you missed the obvious sell in feb, this normie delusion is incredible. I don't normally short or buy puts except to hedge but I might go heave if S&P heads towards 300.

People don't realize that this crash was not because of corona, and we won't bottom for at least a year.

>> No.18369817

>>18368919

No, they can only print so much money until everyone starts worrying about the currency itself. Once the WORLD CURRENCY gets wiped out, all stocks will be effectively worthless.

>> No.18369846

>>18368987
Wow this sure is a sustained dead cat bounce, bobo

>> No.18369912

>>18368919
>Is this bullish?
The fed used up all its ammunition to get this bump and now it is out of powder so watch out. the fed just can't keep borrowing trillions to save the everything bubble.

>> No.18369936

>>18368987
cope

>> No.18369940

>>18368987
Inshallah. Yes, I am sold

>> No.18370010

>>18368919
It's just tape on a deflating balloon. The tape fixes the hole in the short term, but pops off catastrophically as the balloon reinflates.