Our Father, who art in heaven, hallowed be thy name; thy kingdom come; thy will be done on earth as it is in heaven. Give us this day our daily bread; and forgive us our trespasses as we forgive those who trespass against us; and lead us not into temptation, but deliver us from evil. Amen.
Mass shooting in Buffalo NY grocery store where some guy killed about 11 people, his manifesto leaked where he tried to blame Any Forums for radicalizing him, but everyone has since moved towards attacking twitch for hosting the live stream of his killings. Basically he claimed that he wasn't a racist until Any Forums which is really odd since he does the generic mass shooter thing of blamming the jews but for some reason killing everyone but jews.
Gabriel Hall
all in on CPB
Dominic Jenkins
Do the opposite
So short everything. We are already in a reccession
Jaxson Smith
we are in a recession and the fed fucked up. prepare
We're already IN a recession. Talking heads are always a lagging indicator by about 3-6 months. We've been in a recession since Christmas. Luv Lloyd by the way.
Short consumer discretionary, long consumer staples and discount retail like Dollar General, long commodities, long precious metals, long real estate when we bottom out.
Short any market wide rallies in sectors outside of the aforementioned sector longs for the next 12 months.
Why does everybody shit their pants over a recession as if it's the greatest evil and the worst possible thing that can ever happen and should be avoided at all costs even it means not controlling inflation fast enough? Recessions last like 1.5 years on average. Not every recession is a 2008-tier global financial crisis.
Brody Rivera
theyre engineering a recession to destroy demand because its the only tool they have to fight inflation that is supply side, which they cant control. dont fight the fed. wait for the pivot, then go long when it happens. there is NO point trying to front run it. zero. just buy oil and short tech on bear market rallies
lots of boomers trying to retire every year or are retired and haven't completely liquidated off equities yet
Lincoln Torres
Its not a recession, its going to be a second Great Depression. That said:
~5-8 year global depression vs. global hyperinflation crisis
Its a pretty easy choice. The only reason they can't make it is because the debt system forces them to inflate to pay back debts. There will litterally have to be world wide debt forgiveness programs otherwise this Goldbergstien economy is going to pop.
Connor Powell
I was going to buy a bunch of CPB a month or two ago but the run-up kind of spooked me out of it. Thinking pretty seriously about just stacking cash from paychecks for a bit until the Fed's intentions become more clear. One thing is for sure - the thing that matters most for this market is not the state of the actual economy but rather what Jerome H. Powell is thinking right now.
>SQQQ was worth 500k a share during the great recession >SXPS was worth almost 140k a share during the Great Recession How high will the go for this one?
>he buys overleveraged companies in an economic downturn user you don't really do you?
Josiah Morales
yup. im 33 and still live with my parents, so does my older brother, and we're all in the electrical engineering field. probably just gonna never get married and live out our days on 3 good incomes and a paid off house in a nice jewish neighborhood (we're not jewish but they keep the minorities out and property values high quite well).
wish i got the chance to live on my own and get married and have white babies but i guess God just wants me to be peter pan my whole life, oh well.
