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Hacking_the_Gibson t1_iyedg7z wrote

Reply to comment by zeratul-on-crack in JPOW be like... by mdizzle109

The equities market is a forward-looking instrument. What he said was that their approach is working and that they are going to give it some time to marinate rather than drive the motherfucker into the ditch.

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dropdx t1_iyepkhh wrote

The market is a bunch of coked out suits

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Specimen_7 t1_iyeocif wrote

I mean in the last fed minutes, literally the section about forward-looking estimates lowered all expected output for the next two years 🤷🏻‍♂️

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Hacking_the_Gibson t1_iyeyi52 wrote

GDP contracted like 3.5% in 2020 and markets were up 10%.

Corporate profits are what you're buying, not economic growth.

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