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Comments (165)
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209
Eatinglue 209 points ago +209 / -0

Yeah but we’re not in a recession…the White House said two quarters of negative growth plus feelings means we’re not in a recession.

66
bangbus 66 points ago +66 / -0

Those of us who went recklessly long oil stocks in late 2020 are living large. This is the best economy I’ve ever seen.

34
Viewer01 34 points ago +34 / -0

Shit I got in around ‘18-19 when it was rock bottom. Sold here the other day with like 130% profits from that.

Now is the time to sell and roll into either real estate or for a longer hold index funds or something similar that has grown equally depressed.

Oil is cyclic and basically follows dem Republican control.

21
PatriotCirca1984 21 points ago +22 / -1

I wouldn't recommend real estate at the moment, there needs to be a correction as the market is white hot and prices are horribly inflated. I'd park it in a mutual or index fund and HOLD.

10
ThomasJackson 10 points ago +10 / -0

So the wife and I were debating purchasing land in Florida as we were driving down to sign the closing. We noticed over 15 California license plates with stuff packed to the roof of the car going into Florida.

We bought the land.

7
RolandDelacroix 7 points ago +7 / -0

It's not much of a bubble tho, the demand is real because all of the illegals needing homes.

10
getkek 10 points ago +11 / -1

We get priced out by illegals shipped in and paid for on our dime. Infuriated me. Waiting for my Rubicon moment.

2
PatriotCirca1984 2 points ago +3 / -1

Just wait for the correction and when it happens, pounce. I wish I was financially ready to buy homes in 08/09 as I would have scooped up now multi-million dollar properties for pennies on the dollar. I bought 4 homes in 2014, one of which just appraised for 350k. I bought it from kids that lived in Cali and inherited the house for 110k cash.

4
FlexPowerhouse 4 points ago +7 / -3

LOL who would buy real estate at this time.

7
cnn_can_dox_my_balls 7 points ago +7 / -0

Real inflation is 15%. Follow the rule of 72:

72 divided by 15 = 4.8

That means a house purchased for $250k today will be worth $500k in less than 5 years.

4
cyberrigger 4 points ago +4 / -0

The steering wheel in no longer attached.

2
Geralt_of_Rivia1 2 points ago +2 / -0

Except you are forgetting that house prices are based on the payment not the cash price.

The payment is s based on asset price and interest rate.

1
cnn_can_dox_my_balls 1 point ago +1 / -0

I am forgetting no such thing. Real interest rates are negative.

3
PatriotCirca1984 3 points ago +4 / -1

Exactly. I love representing sellers in this market because I don't have to do shit and the house sells in 1-5 days. It's easy money on listings but if you represent a buyer you have a LOT of work cut out for you. I put 20+ offers in for one buyer before we landed a contract. The market is imbalanced, and it's good for nobody at the moment. The correction won't be like 2008-2009 but it will be moderately painful. Thankfully, there's less toxic sub-prime mortgages out there poisoning the well. People have more equity in their homes now too, so it's not all a debt induced bubble.

1
ThomasJackson 1 point ago +1 / -0

Anyone who wishes to lock down their entire credit worth of money into a real hard asset right before the dollar ceases to exist and civil war breaks out in america

1
deleted 1 point ago +1 / -0
2
Viewer01 2 points ago +7 / -5

Prime time for real estate. Prices have been deflating significantly since the peak. Here this month I got a tenant to sign a YOY increase of 16% on his rent without blinking an eye. Zoomers and Millennials that didn't get a house won't for years. So now that Zoomers are leaving the nest and Millienals are poor, rent is going to go up significantly YOY for the next 5 or so years.

10
TrumpoWon2020 10 points ago +10 / -0

No it won't, people can't afford it.

5
DontArkancideMeBro 5 points ago +6 / -1

Doesn’t matter. Landlords aren’t going to operate at a loss.

17
MAGA_wont_quit 17 points ago +17 / -0

Empty units = loss

4
TrumpoWon2020 4 points ago +4 / -0

They already have locked in mortgages. Their only increase would be from property taxes which aren't increasing 15%+ every year.

3
al-phabitz89 3 points ago +3 / -0

Yah. I don’t think these rent increases are sustainable at all.

1
Viewer01 1 point ago +2 / -1

rock and a hard place bud. Inflation driving up home building prices. Meanwhile interest going up means home prices are getting crushed. Means builders can't make money on new homes.

Thus development stalls and zoomers and millennials file into rentals for 5-10 years or so.

14
HyperCarbs 14 points ago +14 / -0

Oil is cyclic

Like 15 year cyclic? Energy has been dog shit for years.

14
Viewer01 14 points ago +14 / -0

just depends on when democrats get the opportunity to fuck with the markets.

10
Jammyjams 10 points ago +10 / -0

No asset class is safe right now. The manipulation of every asset is fucking insane. There is so much criminality in the economy and politics, not sure how they can fix it without letting it implode.

The FED cannot control this monster they created. What are they going to do, raise rates to 25%?

No can't do that. The whole thing needs to implode. No other way. And it looks like they did it on purpose. The more I look at covid, their rehearsed reaction, and everything they did... It definitely looks planned. They are really trying to destroy this country- The good ole cabal.

Gotta fight like hell to keep the US afloat. We need Trump back asap before this pedo fucks this country up past being able to save it.

2
deleted 2 points ago +2 / -0
1
Viewer01 1 point ago +2 / -1

Fed can't print houses fam.

14
RedneckWhiteandBlue 14 points ago +14 / -0

Exxon go burrrrr

1
Junionthepipeline 1 point ago +1 / -0

Shell is pulling out of gulf oil

1
RedneckWhiteandBlue 1 point ago +1 / -0

What does that mean for Exxon?

3
Taco_of_Kiev 3 points ago +3 / -0

IXC, XOM and CHV have done pretty darn good, on top of a couple thousand shares of DWAC bought pre market on Oct 21

52
KekistanPM 52 points ago +52 / -0

High school teachers in 1990's: "A recession is two quarters of negative GDP growth. Everybody got that?"

Dumbest people in 1990's class: "Even I think I understand this."

Uniparty in 2022: "This doesn't look good for us. Let's just change the definitions of GDP and Recession to be ambiguous so we can't be blamed for any wrongdoing. Then when a nationalist comes into power we can change them again to make it look like they destroyed the economy! Just like how we changed the word 'vaccine'!"

3
IWI9000 3 points ago +3 / -0

They did the same thing with the word 'vaccine.' It is like gain of function for the word recession.

The real reason to buy land in a red rural area, is so you can feed yourself and be surrounded by like minded people.

9
GreyGooseDown 9 points ago +9 / -0

10% feelings for the big guy. They are really valuable.

7
HyperCarbs 7 points ago +7 / -0

There is months of lag. Layoffs haven't really haven't started yet.

2
iorek 2 points ago +2 / -0

But if thought corrupts language, language can also corrupt thought.

1
westrock2000 1 point ago +1 / -0

What if we change the language and criminalize thought? Ahh, see, that should work 🤔

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BeefChucker 80 points ago +80 / -0

They’re in for a surprise when raising rates doesn’t affect the price of fuel, gas, electricity, food …. You know those pesky things the serfs have to buy?

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TommyJarvis 62 points ago +62 / -0

Until the artificial inflation of energy is removed, no prices will drop. We have two inflationary pressures and they’re BOTH deliberate.

Printing shit piles of money to give away and killing domestic oil and gas production.

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Wfdeacon88 11 points ago +11 / -0

This

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blyat56 2 points ago +2 / -0

Don't forget cleaning out the SPR and sending it to Biden's Chinese pals.

1
MAGA_wont_quit 1 point ago +1 / -0

QT in conjunction with rising interest rates are deflationary. Watch when the FED starts printing again and pauses/raises interest rate. That's the the tell that hyperinflation is knocking on the door.

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FLIBS 5 points ago +5 / -0

Duh the serfs just need to drop $70k on a EV!

3
MAGA_wont_quit 3 points ago +3 / -0

Damn that's sad and funny. :)

2
dr_gonzo 2 points ago +3 / -1

I just ordered a 70k car that is NOT an EV. I never tire of telling leftists that.

And that seems to be something they have genuinely not considered. Some of us don't want an EV, and we will NEVER want one. We are a free market economy, and purple haired outrage queens don't get to decide what kind of automobile I buy. They're so damn entitled, they unquestioningly feel the future belongs to them. It's sick.

A girl I know was flabbergasted I'd spend that much on a car that wasn't a Tesla. It was unthinkable to her that anyone would do that. It didn't take long until she was predictably spewing "muh scientific consensus", and I was explaining what an appeal to authority is, and why it's a logical fallacy.

1
FLIBS 1 point ago +1 / -0

I always found the stats interesting on this... 1 in 5 EV owners go back to IC engine cars. (I think this is really higher) And over 50% are less likely to buy another EV vehicle.

3
blyat56 3 points ago +3 / -0

Well it has driven down the price of gas.

Because that's what happens when the entire economy tanks into recession.

1
Nsulltin 1 point ago +1 / -0

That's just because you can't buy fuel if your card is declined because the economy is in the shit.

3
therealRonDrumpf 3 points ago +3 / -0

The inflation just gives them the excuse to raise rates and destroy the middle class. They printed a lot of money to get here and aren't surprised by obvious consequences.

1
DontArkancideMeBro 1 point ago +1 / -0

The Kulaks aren’t going to kill themselves comrade, if you know what I mean.

3
Viewer01 3 points ago +3 / -0

Interest rates drive cost for everything.

2
MAGA_wont_quit 2 points ago +2 / -0

Higher interest rates lower prices in the absence of printing. Prices are sticky and stubborn and take time to drop (adjustment lags). Recession rewards those that saved for a rainy day and can stay employed...

1
deleted 1 point ago +1 / -0
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MAGA_wont_quit 4 points ago +4 / -0

Recession is just getting started. They printed 40%+ of all dollars ever printed in the last 2 years. I'm pissed, too.

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NazisWereSocialist 57 points ago +57 / -0

It won’t be anywhere near enough to stop inflation but one of these will eventually pop the bubble and really get things going, maybe they’re expecting the big loss in November and are trying to hold it off so they can try to blame republicans

30
LibertyStillMatters 30 points ago +30 / -0

This is it exactly. Drawing things out, so if Republicans take the house and senate, the Lugenpress will gaslight low-info Americans this is what Republicans in power reaps.

1
_Eric_Ciaramella_ 1 point ago +1 / -0

taps head

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deleted 14 points ago +14 / -0
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trump4045 6 points ago +6 / -0

Is say 70% on here don't believe in the uniparty. Most are waiting for a GOP congress so they can pretend like murica is great again.

12
Viewer01 12 points ago +12 / -0

likely the case. Run the clock out and right before the game ends toss the hot potato to republicans to let shit hit the fan. Doesn't matter though, will be Biden's fault.

1
shaven_llama 1 point ago +1 / -0

Pretty good bet Biden will be out after the midterms.

9
Klown_Schwab 9 points ago +9 / -0

Imo they're purposely raising rates just enough to fuck everyone's 401k and mortgages if they're on a variableed rate. But not enough to actually stop inflation.

Max pain for the middle class.

3
NazisWereSocialist 3 points ago +3 / -0

%100 they need to raise rates to at least match the inflation rate but they’re not even coming close to matching the extremely lowballed inflation rate numbers they’re giving us

2
MAGA_wont_quit 2 points ago +2 / -0

Yes. Little old ladies need to be able to make enough to not have to eat the seed corn (chase high risk for yield). Volcker rule is needed yesterday. 17% interest rates, pronto, or the dollar is toast.

1
dixon 1 point ago +1 / -0

Keep eye on quantitve tightening, this has as much or if not more effect on stock mkt than interest rates. Fed was doing massive buying, which effectively prints money, the last decade. This, and the carry trade, represent a large subsidy to the financial industry. https://www.cmegroup.com/insights/economic-research/2022/fed-quantitative-tightening-dividends-and-risk-to-equities.html

https://www.investopedia.com/terms/c/currencycarrytrade.asp

33
Bigdickboi 33 points ago +33 / -0

Good. Take care of inflation then employment. If you try to do both or the other way around you'll be plagued with inflation the whole time

9
Fidget 9 points ago +9 / -0

You might want to listen to some Peter Schiff.

https://www.youtube.com/watch?v=gxILmqLjJXg

They gotta hike rates WAYYY the fuck up to make a dent.

2
TravisRSCX 2 points ago +2 / -0

It’s what like 16%+ at this point?

1
Fidget 1 point ago +1 / -0

17+

1
Yeeessss 1 point ago +1 / -0

Sound money trumps muh unemployment rate, which is def artificially low post Covid due to mass quitting/early retirement. In other words we obviously have a shit economy when inflation is 2.5 times higher than unemployment. Hell it was low during antebellum too.

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Hanging_Chad 31 points ago +31 / -0

Will my 401(k) go bloop?

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Coprolite 29 points ago +29 / -0

Yes

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CrustySockpuppet 21 points ago +21 / -0

Aaaaaaaaaand-it’s-gone.jpeg

These fuckers hate us

16
American-Patriot 16 points ago +16 / -0

Hope you don't retire anytime soon

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deleted 2 points ago +2 / -0
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BostonVoter 9 points ago +9 / -0

You'll have 2 good days out if it , probably 1-2% day of @ like 2pm

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deleted 2 points ago +2 / -0
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BostonVoter 8 points ago +8 / -0

The market, investors, specifically institutions, will take a healthy interest rate adjustment as a sign of confidence that the fed is motivated to get things under control. The market is holding back right now with blue balls. And it's waiting to blow its nut. And when the Fed, comes out and does what has indicated they are going to do, there will be a sigh of relief, investors were expecting this and had it already baked into prices, and then they go a tiny bit heavier into stocks because when interest rates increase institutions move more towards equity

6
Taco_of_Kiev 6 points ago +6 / -0

Well, they did before ESG, now the board of directors thinks nothing of field dressing their shareholders right in the middle of the conference table.

2
PatriotCirca1984 2 points ago +2 / -0

Fuck the bond market all the way up though.

2
BostonVoter 2 points ago +2 / -0

100% yes it did. It really did. However. The bond market skyrocketed March 16th 2020 . Bonds went thru the fucking roof. Investors became millionaires. Overnight.

7
Joeret 7 points ago +7 / -0

It hasn’t already?

21
jdog 21 points ago +21 / -0

They should have raised rates two years ago. The fact it took them so long is ridiculous. Greedy bastards.

10
bangbus 10 points ago +10 / -0

Yes and they should have normalized them by 2012 or 2013. This bubble is gargantuan.

16
Meme_Too 16 points ago +16 / -0

Things don't look good for the markets this week.

3
Joeret 3 points ago +3 / -0

Buying opportunity?

3
Meme_Too 3 points ago +3 / -0

SPY puts for sure.

1
GA_Logic 1 point ago +1 / -0

Most likely.

1
Hanging_Chad 1 point ago +1 / -0

How many investors know about this?

15
Snoman 15 points ago +16 / -1

They’re still keeping slack in the balance sheet to absorb the rates, buying up bonds. I don’t think they’ll take down Corporate America given their role as partners in the fascicm

1
Ferzth 1 point ago +1 / -0

Only by mistake or incompetence or that no one is really driving this ClownCar.

Wheels come off.

12
IvIA6A 12 points ago +12 / -0

Gotta love that as someone in the process of buying/building a home. You see your rates slipping away, knowing the longer the builder takes, the more money the lender makes. Feels bad man

11
DontArkancideMeBro 11 points ago +11 / -0

I’m locked in at 2.875%. Feels good man. I actually had the property paid off, but knowing inflation was coming I felt I would be stupid NOT to go into debt. Everything is inverted in clownworkd. We do not have money, we have fiat currency. Grandpa always said a penny saved is a penny earned, well that doesn’t work anymore grandpa! Pennys aren’t even made of copper anymore!

11
Phoenixrwds 11 points ago +11 / -0

I fucking hate news articles that say shit like "the war raging in Ukraine", what the fuck does that have to do with us

8
trump4045 8 points ago +8 / -0

It's to blame Russia. Never any articles about war raging in Afghanistan or Syria or Libya or Iraq or Yemen or Somalia or wherever

2
Junionthepipeline 2 points ago +2 / -0

Were paying for it until the nukes pop

9
PatriotCirca1984 9 points ago +9 / -0

Well, I'm going to start looking for another job since being a Realtor has gone in the toilet the last 2-3 months and this will be the nail in the coffin. I'm already seeing tons of 20 and 30 somethings priced out of the market and it sucks. Oh well, let the collapse come and prices return to sanity levels.

8
FauciOuchi 8 points ago +8 / -0

How can prices drop when there is inflation? I’ we’re in stagflation baby. Prices aren’t going down, things just won’t sell

3
KrellKrypto 3 points ago +3 / -0

Bingo

8
MythArcana 8 points ago +8 / -0

Amazing how Powell is jerking rates all over the place for Biden, but wouldn't budge for Trump. And you know why.

5
Ferzth 5 points ago +5 / -0

Because Powell is as dirty and corrupted as the rest of them ?

Because Powell and his family profit (money laundering, insider trading) from his Tomorrow-The-Economy-Is-Going-To-Do-This prognostication ?

Because Powell and his family have Old Man cock in all their holes ? Child sex predation in their closets ? Epstein Files ?

3
Kwdzr 3 points ago +3 / -0

He's just following the two year bond curve. He's not really in control of anything.

7
4
The_Emperor 4 points ago +4 / -0

Long watch. Summary for those who can't spend the time...today's inflation is a temporary pull forward of demand from the shutdowns, and banks aren't lending enough, so employers can't pay employees enough, and economy gonna be blah for a while.

2
Jaunty_Haul 2 points ago +2 / -0

There's a helluvalot more to it than that.

The Fed has no control over our monetary system and hasn't had control for decades; it's just a confidence game. The off-shore "eurodollar" system outside of the US has far more control over our money than our central bankers, and no one can even quantify the amount of money it contains.

Anyone who wants to understand these ideas more fully, watch this series:

What is Money : The Snider Series

1
Husky 1 point ago +1 / -0

I'm pretty ignorant to macroeconomics. Can you give me an ELI5 summary on why higher rates is a good thing?

1
toorroot 1 point ago +1 / -0

The low rates are artificial. Interest is the cost to borrow money. Who would lend you money at 0% or 1% when inflation is 10% or 20%? the FED has been lending at those rates for years.

1
Jaunty_Haul 1 point ago +1 / -0

I'm not claiming that higher rates are a good thing or a bad thing, necessarily.

The point being made by Jeff Snider is that if the rates control anything, it's us. What is meant by this is that the Fed figured out a long time ago that their only effective influence on the economy is managing "sentiment", meaning that it's all just a con game.

The rate itself does almost nothing as it moves up and down because the Fed has no direct control over our monetary system. That control rests in the hands of the banking system outside of the US which has far more dollars than we do and is completely outside the Fed's jurisdiction. It's been this way for decades.

The Fed's only control over the economy derives from the fiction that it has control over our money. It doesn't. It's all pretense.

2
Husky 2 points ago +2 / -0

Ah, understood. Appreciate the response

6
Right_of_Sinner 6 points ago +6 / -0

… but the blade is already in our backs

5
sir_rockness 5 points ago +5 / -0

ECONOMY IZ STRONK COMRAD.... ERR I MEAN FRIEND!

5
deleted 5 points ago +5 / -0
5
fluffykitten 5 points ago +5 / -0

Surely, we'll put inflation in check by the time the interest rate hits 4000%

2
BostonVoter 2 points ago +2 / -0

Only option is to tighten the belt

1
Junionthepipeline 1 point ago +1 / -0

Thank goodness ol sniffy is saving me sixty cents a week

1
Ferzth 1 point ago +1 / -0

Well, tighten your belt and my belt and his/her/xer belts, but the Pigs' belts ?

Nah. Not them.

4
CaptainButthurt 4 points ago +4 / -0

Another chance to buy cheap stonks and cryptos and gold and silver. If you aren't buying with these prices, you're losing out. Day after their announcement, markets turn red like clockwork.

2
SaveUsSCOTUS 2 points ago +2 / -0

Enlighten me oh wise one

1
CaptainButthurt 1 point ago +1 / -0

Day after (26 and 27 are meeting dates) on the 28th the markets will all go red. Buy. It's that simple. Buy the dip. It doesn't get any easier. Whales are going to be scooping up cheap investments that day when everything tanks.

Every rate hike so far has resulted in a crash 24 hours later.

4
minotaurbeach 4 points ago +4 / -0

From Who?

Biden is Likely Dead.

I bet Biden Died.

3
SaveUsSCOTUS 3 points ago +3 / -0

Good riddance but he was a muppet anyhow so another muppet is right there

4
asiatrails 4 points ago +4 / -0

Welcome to the Democrat Weimar Republic

4
Dice_Runner 4 points ago +4 / -0

If the left shut down their states again but without any stimulus, it will help inflation. While we can enjoy our states to be opened and free.

4
Diana 4 points ago +4 / -0

Rate hikes are to slow down demand to curb inflation. Demand is not what's behind THIS inflation. It's supply-side driven. [email protected]$$es can't seem to figure that out.

3
Taco_of_Kiev 3 points ago +3 / -0

They know.

3
BobSux 3 points ago +3 / -0

Would have been nice if they started doing the rate hikes a couple of years ago as anybody competent in economics knew they should have. If they are spread out, the economy can absorb them better. It's because this is all on purpose.

3
grenades_and_ham 3 points ago +3 / -0

Paul Volcker was right.

3
FliesTheFlag 3 points ago +3 / -0

iTs pRicEd iN! - MSM Financial News ThIS tIM3 ItS DiffERenT - MSM Real Estate News

3
deleted 3 points ago +3 / -0
3
ukfan758 3 points ago +3 / -0

These rates need to be going up far faster than they are. Any solution to this problem is going to be painful, but how you address it determines how long the pain will be. Doing nothing and keeping interest rates low will just mean an inflationary death spiral where the dollar becomes literally worthless like Venezuela. Raising rates slowly just drags out the pain for SEVERAL years which will destroy jobs with no chance of recovery, permanently ruin retirement accounts and may not even be able to stop inflation (thus leading to the death spiral). And if the economy does recover, it will be incredibly slow as well.

The ideal response is what Reagan did during his first term. Raise the interest rates to the levels needed to reverse this quickly. Yes, it will be very painful. Reagan's first term saw 18% interest mortgages in 1981 and high-interest rates on other loans, a very slow economy in 81 and 82 that was a recession, etc. But it was quick relatively speaking. In 83 and 84 things started turning for the better and the dollar and the economy bounced back to one of the greatest times we have ever seen. A stark contrast to the disastrous economy under Carter. If we do this, yes it will be a bad 2 years but it will save this economy in the long run.

3
GA_Logic 3 points ago +3 / -0

This is the time to be prepared and have a plan with your family.

3
MobileDev4Trump 3 points ago +3 / -0

China is having bank runs and Chinese property is the biggest asset class/ponzi scheme in the world but don't worry it won't affect us.

3
Nsulltin 3 points ago +3 / -0

Kick this bitch into a full on depression I've been waiting for the moment that I can stop paying my mortgage and watch the Fed burn.

3
MadRussian 3 points ago +3 / -0

The dindus won't riot properly until they are starving, and if the dindus aren't rioting, how can you justify bringing a foreign invasion force for a "peacekeeping" mission?

2
Ricky_CIA 2 points ago +2 / -0

I wonder how many people here didn't live through the Carter disaster?

2
wadewatts 2 points ago +2 / -0

The same people who created the problem are trying to solve it.

2
MajorClark 2 points ago +2 / -0

Sure were not in a recession... ha ha ha... kek... lulz. The more they downplay the economy the more they're trying to hide!

2
BoDude 2 points ago +2 / -0

Is Rental Property worth having? You buy it, buy Insurance pay taxes on it. You fix it up rent it. The renters don't give a shit about it and tear it up and move on. You fix it up again rent it and same shit. Then when your fed up with it you pay to sell it. Then you have to pay taxes for any gains you made on it.

2
__bryan 2 points ago +2 / -0

America! Fuck yeah!

1
Wokism 1 point ago +1 / -0

Here we come to save the mutha fuckin day now!

2
TakingBackCA 2 points ago +2 / -0

Won’t be enough pain to spur the populace.

1
Ferzth 1 point ago +2 / -1

Wait until the inner-city Cannibal-ism starts.

But not until all the "Asians" and "Jews" and "Gypsys" and other undesirables are preyed upon by a certain inner-city class. When the food trucks stop coming and the lights go off, and the heat stays hot or the bitter cold stays cold, then the zombies come out.

I saw it in a movie.

2
hackinthebox 2 points ago +2 / -0

Good. About time!

2
deleted 2 points ago +2 / -0
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deleted 2 points ago +2 / -0
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Skinagrizz 2 points ago +2 / -0

Savings and Loan "scandal". Aka burned down the banks with interest rates.

2
deleted 2 points ago +2 / -0
1
Skinagrizz 1 point ago +1 / -0

All good. I know what you mean

2
chikaisnumberone 2 points ago +2 / -0

Commodity futures while keeping some spare cash. The fed said in Q1 they'd do asset sales, which apparently they have not been doing, likely because they didn't want to cause a severe recession.

If the fed reverses in the later half of the year and goes back to lowering rates - they've lost all credibility and are not serious about fighting inflation. Sure they'll declare "victory" if the CPLie drops to 4-5% but the real inflation will still be over 10%.

Materials and commodity stocks will explode to the upside, so I'll likely diversify into those and not just commodity futures.

2
BroadSunlitUplands 2 points ago +2 / -0

No, interest rates will remain at their current level. Some say that if interest rates rise at all that means they can’t be remaining at their current level, but we take a more holistic view and consider any increase of less than five percentage points to mean interest rates are remaining at their current level.

In fact you could even consider a rise of one percentage point (which is not really an increase at all: see above) to be a drop of one percentage point if you take a more abstract view and compare it to the two percentage points interest rates could have risen instead. That’s real yet abstract breathing room for American families.

1
BostonVoter 1 point ago +1 / -0

9.1% inflation. Rates Are going UP

1
Crappydatum 1 point ago +1 / -0

Too bad it's a Newsmax link

1
BostonVoter 1 point ago +1 / -0

There will be 3 or 4 more this year, how is this news exactly?

1
BostonVoter 1 point ago +1 / -0

The market has already priced in alot, market will rally again