is she gonna NOT eat her own dick just like McAfee when it doesn't come true as well? Happy Thanksgiving brosef.
This is long as hell and probably boring to most of you, but had me laughing out loud at points. It's a Bloomberg article about FTX written by Matt Levin.
Time the market? Thinking of pulling out if the Dow hits 35k which I think is very possible short term. I have a bad feeling that there will be a blood bath in the markets in 2023.
Very strong jobs report. Great, right?!? Not if you are hoping for that pivot. Gotta love the "Good News is Bad News" psychology.
Thing is, people that actually pay attention, know that vast swaths of Americans having to get a second job just to pay the bills isn't a good thing.
Fed is going to pivot at least temporarily. Look at the inverted bond yields. they went too aggressive too fast. We’re heading toward a deep deep recession if they don’t turn back the dial on rates. I still think a decent recession is well underway… but it might make the difference between a recession and a depression. If I’m being honest I’d prefer a depression. I’m trying to take advantage of the downturn because I’m in a position to stay perfectly afloat during the suck.
Paying a guy 30 bucks an hour to scoop dog shit isn't a good thing, either. Unless you are the guy, I suppose.
They didn't move anywhere near soon enough was the issue. They should have started raising rates in Oct 21. Unfortunately, the choice is recession now or run-away inflation and then a recession later. I will take the recession now. If they don't overshoot on the rates (they haven't yet), it shouldn't be that bad.
when Jerome Powell goes on television and says everything is fine all chipper like multiple times I hear echos of the 2008 crash. That foo is sweating.
Yeah, when the gov't and all the talking heads are telling you things are great, nothing to worry about you know damn well we're going in the shitter.
you just made me spit my coffee all over my dashboard and windshield fucker!! With that being said I really hope they don’t go back to zero. That will be the end of the United States as we know it. The crash will usher in a new American Marxist age.
I know this hack ass ex con in the LA area who likes to think he knows about money and motorcycle racing. I’m stuck in traffic and have the autopilot set. I don’t beeb at speed.