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/biz/ - Business & Finance

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50588140 No.50588140 [Reply] [Original]

the FED is going to front-load 100bps

>> No.50588174

imagine giving a fuck about any of this

>> No.50588194

>implying i know what that means

>> No.50588204
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50588204

This is the only way to get our lives back

>> No.50588205

>>50588174
imagine staying poor

>> No.50588206
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50588206

>>50588140
you do realize that bad news is good news.
unemployment needs to go up, demand needs to go down. What's worrisome is that there's still not enough pain in the economy during one of the worst economic points in history.

So, my tinfoil question is still valid. Why is unemployment still low? Is it because too many boomers retired or because too many people died during Covid or got long covid and wont return to the workforce any time soon(same problem in the entire western world btw).

If my tinfoilery turns out to be true, it would explain why china has pursued such insane covid restrictions/lockdowns.

>> No.50588232

>>50588205
i'm well into 7 figures you retard

>> No.50588239

>>50588232
lol
LMAO even

>> No.50588260
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50588260

>>50588140
The FED will announce it it adding Cardano to its balance sheet

>> No.50588445

>>50588206
all of those & the effects of stimmies money may still hold

>> No.50588480

>>50588206
>Why is unemployment still low?
Because the economy is booming
>>50588206
>died during Covid or got long covid
If anything from the vaccines

>> No.50588537

>>50588445
According to data people have little to no stimmy money left, hey they have no money left at all and are racking up credit card debt to unprecedented levels. So, what the hell is going on? Booming economy, or a kabooming economy, that's the 5 dollar question.

>> No.50588554

>>50588480
>If anything from the vaccines
I'm afraid so too

>> No.50588602

>>50588537
I've heard it here
https://youtu.be/_YyW3-RTPr8

>> No.50588611

What time is rate hike announcement?

>> No.50588616

>priced in

>> No.50588673

>>50588232
X

>> No.50588700

>>50588611
18:00 GMT, press conference at 18:30 GMT.

>> No.50588777

>>50588602
>Elections in September 2022 means we still have more pain to come
Thanks for looking out for us

>> No.50588820

>>50588140
100bps is priced in
>>50588206
>unemployment needs to go up, demand needs to go down

But what about supply, which is seemingly shrinking under everyones noses?

>> No.50589004

>>50588602
I know his Georges argument, but he's missing to address lower and middle class debt levels.

Maverick of wall street and herecy financials showed a 180 picture. Same goes for Cassandra aka Michael Burry. They are all dumbfounded by the unemployment levels to the point of simply calling the cooked numbers at this point.

also also, check rap repos, it's exploding to levels never seen in history
we're talking about 25T in outstanding consumer debt that is rising at an alarming rate TOGETHER with higher financing cost of that debt.
>a recipe for disaster

>> No.50589039

>>50589004
I swear to god, 4chan is in cahoots with my dyslexic keyboard...

>> No.50589070

>>50588820
retailers are about to lose profit due to too much supply not lack of supply with no demand for shit that isn't a need

>> No.50589157

>>50589070
Yeah, they though the fake FED induced stimmy demand from 2020/2021 was real and adjusted accordingly. Now they're caught with their pants down. Whilst consumers are paying more at the pump and for essentials. So my question is, where is the strong consumer/booming economy? It's a fugasi

>> No.50589196

When??? I thought eth would be lower by now

>> No.50590243

>>50588206
Workers are only considered unemployed when they are looking for work. Many "workers" are simply living with parents/relatives or on gibs and are not looking for work, so they do not count as unemployed. Unemployment metrics are fake like the rest of this economy and used as pilpul to calm the masses

>> No.50590293

>>50589157
Exactly. Delusional mumus do not realize we delayed the actual covid recession host, and the pressure is building up fast.

>> No.50590327

>>50588140
How many hours from now, fren? UST time zone
>>50588174
Dumbass

>> No.50590503

>>50590327
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html