Ok_Edge_1486
Ok_Edge_1486 t1_j6ixwb9 wrote
Reply to comment by Piranha-Pirate in 50 Basis Point Hike - This Wednesday - Write it down by MogamboKushhua468
HODL is a good start in a bull market with the FED on your side. Rn? Not so much. Being bear near FED rates and a semi bull in the waiting period is a smarter decision tbh...
Ok_Edge_1486 t1_j6iwv48 wrote
Reply to comment by Wonko-D-Sane in 50 Basis Point Hike - This Wednesday - Write it down by MogamboKushhua468
Have to agree. While the value of the dollar goes lower, people in worse economies being payed worse currency will suffer 2-3x more than Americans as the result of these rate hikes. Just look at Europe. They printed endlessly for so long they're currency lost 3x it's value in a year alone... More pain expected in 3rd world countries and economies with way less stability than the western world...
Ok_Edge_1486 t1_j6itvxt wrote
Reply to comment by Remarkable_World_351 in Recession concerns overtake inflation concerns by Infamous_Sympathy_91
You're forgetting the fact that the president has the complete right to hire and fire Federal Reserve Chairmen. In a way, the will of the President is executed through the chairmen. Of course I don't think Biden cares at all about the stock market and is more concerned with increasing wage gains and increasing jobs.
Ok_Edge_1486 t1_j6itm89 wrote
Reply to comment by evilartnboy in 50 Basis Point Hike - This Wednesday - Write it down by MogamboKushhua468
True. At least I can watch PH now and then. Not even VisualMod can do that
Ok_Edge_1486 t1_j6is61w wrote
Inflation is certainly something the FED can fight and beat. But how much damage can be done to the market is another matter altogether... 50 BPS to show biden is commited to fighting to inflation, 25 BPS to show he's trying to be a centralist. Either way though, 50 bps seems locked in to me...
Ok_Edge_1486 t1_j6il2ot wrote
Reply to comment by DestraD in 50 Basis Point Hike - This Wednesday - Write it down by MogamboKushhua468
50 is expected until inflation is near 2%. Anything less would be an insult to the FEDS...
Ok_Edge_1486 t1_j6il094 wrote
Reply to comment by MogamboKushhua468 in 50 Basis Point Hike - This Wednesday - Write it down by MogamboKushhua468
>That's all well and good, but the fact remains that I'm richer and smarter than you'll ever be. So why don't you just shut your pie hole and accept your inferiority?
tbf, mod is an AI. Never needs to eat, pay bills, etc.. Maybe he IS superior...
Ok_Edge_1486 t1_j6ikwr9 wrote
powell will smack this market with a 50 bps and slaughter these retail investors. hedge fund managers + wall street know that this is still a bear market through and through...
Ok_Edge_1486 t1_j6iknrh wrote
Reply to Amazon AMZN earnings this week by OliveInvestor
Poster is mega ragarded. If $AAPL and $MSFT struggle this bad with earnings, a company as volatile and suspectable to rate hikes like $AMZN will go red. OP will be holdin trash bags soon
Ok_Edge_1486 t1_iyzng1f wrote
This looks like something you'd find in a zelda game lol
Ok_Edge_1486 t1_jdvrebq wrote
Reply to All in FRC Roth IRA by sylphvanas
Bro really made a bet against a bank being bailed out... mega regard.