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/biz/ - Business & Finance

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58351329 No.58351329 [Reply] [Original]

Powell has already decided he is going to cut rates, he is going to be doing it no matter what. Yet the market still dumps today, stupid retards. Fuck all of you.

>> No.58351504

>>58351329
Inflation is going the wrong direction. We might get HIGHER rates if it continues.
Fed always flipflops, if you actually saw their behavior since 2020. They're not reliable on what they say, they change their minds based on data, which the data is showing inflation continues to be an issue.

>> No.58351543

>>58351329
You fail to understand an important point, the Fed gets to say one thing and do another. They've been saying they're going to cut rates, but where's the proof that they ever do anything they set out to do? Just last year they said regional banks were stable, while they were actually giving them liquidity.

>> No.58351551

>>58351329
hes going to cut rates before the election. exactly when, is the question

>> No.58351659

Nooo but Biden is the economic genius tv says he is!

>> No.58351674

>>58351659
>Biden controls the economy
Why are retards like this? US economy is not some centralized, price controlled POS.

>> No.58351706

The inflation of the past couple of years is entirely a matter of transitory supply disruptions, and Powell knows this. It will come down of its own accord. On this basis there will be a Hail Mary rate cut later this year, the only question is when.

>> No.58351731
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58351731

last night on various news sources there were reports expecting inflation numbers to be worse then hoped. this was free money if you put in a short before before 8:30 with a stretchy stop loss

>> No.58351763

>>58351731
And what do you think would have happened if enough shorters had pile up?
Hey guys, inflation is not so bad!
Rekt

>> No.58351853
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58351853

>>58351763
well, if they did I would have hit my stop loss
thats trading
but to be fair I didnt place my short at 8:30, I just took a quick scalp on the pullback and made a quick $1000 for about 10 minutes of work. sometimes the market just hands you money, its never logical, just a rising and ebbing tide that you got to roll with

>> No.58351883

>>58351674
Biden is brain dead, but the DNC controlled congress passes spending bills to add a trillion to the deficit every 100 days to buy votes from illegals and launder money to Israel/Ukraine. Printing this much money for gibs undermines anything the Fed is trying to do to tackle inflation, but they'll go along with the plan anyway because they're all political appointees.

>> No.58351919

>>58351883
My mistake, the DNC doesn't control the house as of 2022, but Republicans love Israel so they'll approve any spending for them while feigning outrage at the border.

>> No.58351940
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58351940

>>58351329
Desperate bagholder posts like OP are top signals.

>> No.58351961
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58351961

>>58351329
between dark brandon and powell i think we're stupidly screwed my bros, that's it im taking out all of my money from btc and putting it into vinu, if im getting fucked at least ill get fucked after making some gains

>> No.58352014

>>58351883
>>58351919
Economy doesn't work like that. But if you already think both parties are controlled by Jews, why vote? Just stay in your basement and masterbate to your hentai.

>> No.58353180
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58353180

>>58351674
lol it literally is. But Biden doesn't control anything it's the bureaucratic state.
>Print more money, decide who the winners and losers are.
>SMBs crushed, Big Corps & Banks receive the largest benefits of the printing press.
But you are right, wages are being heavily suppressed by federal immigration policy and almost all job growth has gone to foreign labor.
Not to mention oil and gas being manipulated to suppress inflation.

>> No.58353223

>>58352014
The economy does work like that, it exsists to keep (you) poor and politicians rich.

>> No.58354943

>>58352014
The economy does work like that, and your refusal to place blame on a people who is responsible for this, you are an accomplice, fucking coward.

>> No.58355110

Rate cut causes market crash. Cause the fed cuts only when there's a problem. They know ahead of time.