Submitted by LessTalkMoreRock1 t3_yhqbqx in wallstreetbets
gammaradiation2 t1_iuiqnbh wrote
Reply to comment by BugTotal6212 in Let’s reflect on Jpows rate hikes up until now. by LessTalkMoreRock1
Papa Pow just cooking up the biggest green bullcock of all time.
Fact is, with USD gaining so much strength, international purchasing power has remained or even gone up. Truth is, if you bought SPY 1yr ago and sold today it would buy just as many Euros today as back then.
We gonna have one more gaspy P&D before S&P becomes another FTSE or NIKKEI where only lucky volatility traders make out.
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