Society Corona - Stock Market thinktank
- Thread starter so long
- Start date
That's the 2nd time crypto followed the market down in a heavy downturn. It's supposed to be a bit of a hedge against the dollar/inflation so it doesn't make much sense to me.So crypto crashed 30+% over a 72 hr period and the DOW took its largest single day haircut in history, but we’re supposed to believe everything’s okay now? Back yo normal.
Unless folks are liquidating crypto because they are treating it like a stock? Or just grabbing some cash because they don't want to exit their stocks at a loss?
Chances the Fed announces a rate drop prior to Sept?
I think they know they waited too long and going another month at current rates could be catastrophic.
I say .25% reduction before the week is out.
Joe will know what to do. He is our beacon of light in times of crisis.
I think they know they waited too long and going another month at current rates could be catastrophic.
I say .25% reduction before the week is out.
Joe will know what to do. He is our beacon of light in times of crisis.
Me either.That's the 2nd time crypto followed the market down in a heavy downturn. It's supposed to be a bit of a hedge against the dollar/inflation so it doesn't make much sense to me.
Unless folks are liquidating crypto because they are treating it like a stock? Or just grabbing some cash because they don't want to exit their stocks at a loss?
I'll be surprised if we see a cut this week. We're dealing with pure corruption here.
I think they do it just to stop the bleeding. I don't even know if the markets would react favorably to it or not at this point. The jobs report SUCKED, and that report came AFTER the Fed punted a decrease to Sept.
Today's dip buying is likely temporary. The bears will outnumber the bulls and we'll likely drift back to $38 with November deciding if we head north or south from there.
Maybe I'm just cynical but I think we could see 31k-32k by election day. Basically a 25% to 30% pullback. I dont see how they can continue to keep this propped up, especially with the volatility...tensions in Europe & Middle East, inflation, shit job report, housing bubble, etc. A shitty jobs report & tensions w/ Israel & Iran scalped the DOW 1000 pts in a day. It just feels like bloodshed is coming to me.
its good to know our financial futures are in the hands of geniuses like joe/kamala and trudeau/freeland
Beat estimates.
Higher margins.
Their new plan to Make Under Armour Great Again is working.
MUAGA !!!!
I hope it holds this level and creeps upward from here...
$15 stock by this time next year assuming the female window licker doesn't win the election.
Fed confronts up to a million US jobs vanishing in revision
finance.yahoo.com
Ronnie Walker at Goldman Sachs says the QCEW figures are likely to overstate the moderation in employment growth because they will strip out up to half a million unauthorized immigrants that were included in the initial estimates.
“Since the QCEW is based on unemployment insurance records, it likely largely excludes unauthorized immigrants, who we believe have contributed strongly to employment growth over the last couple of years,” Walker wrote last week.
*-*-*-*
Hauler Notes:
Illegal Unauthorized Immigrants fudging up employment data used to monitor the strength of the economy.
Fed confronts up to a million US jobs vanishing in revision
(Bloomberg) -- US job growth in the year through March was likely far less robust than initially estimated, which risks fueling concerns that the Federal Reserve is falling further behind the curve to lower interest rates. Most Read from BloombergA Floating Island in Baltimore Raises Hope for a...
Ronnie Walker at Goldman Sachs says the QCEW figures are likely to overstate the moderation in employment growth because they will strip out up to half a million unauthorized immigrants that were included in the initial estimates.
“Since the QCEW is based on unemployment insurance records, it likely largely excludes unauthorized immigrants, who we believe have contributed strongly to employment growth over the last couple of years,” Walker wrote last week.
*-*-*-*
Hauler Notes:
When it comes crashing down, we could see 5% drops on the DOW & Nasdaq in a single day, IMO.Fed confronts up to a million US jobs vanishing in revision
Fed confronts up to a million US jobs vanishing in revision
(Bloomberg) -- US job growth in the year through March was likely far less robust than initially estimated, which risks fueling concerns that the Federal Reserve is falling further behind the curve to lower interest rates. Most Read from BloombergA Floating Island in Baltimore Raises Hope for a...
Ronnie Walker at Goldman Sachs says the QCEW figures are likely to overstate the moderation in employment growth because they will strip out up to half a million unauthorized immigrants that were included in the initial estimates.
“Since the QCEW is based on unemployment insurance records, it likely largely excludes unauthorized immigrants, who we believe have contributed strongly to employment growth over the last couple of years,” Walker wrote last week.
*-*-*-*
Hauler Notes:
IllegalUnauthorized Immigrants fudging up employment data used to monitor the strength of the economy.
If Harris wins I'm pulling everything out.
Yep, surprised this is getting bigger news coverage
eees normalLive video of the Nasdaq
Reports are Warren Buffet is now siting on 278 billion in cash, not a good outlook
View: https://twitter.com/nicvonx/status/1828841312277410279
View: https://twitter.com/nicvonx/status/1828841312277410279
Yep. It could get ugly.