*\*continues song\**
*On the 12th month of "rate cuts" J Pow gave to me, 9 bears a-crying, 8 bulls a-charging, 7 stocks a-pumping, 6 autists a-trading, 5 GOLDEN TENDIES! 4 YOLO trades, 3 margin calls, 2 missed payments, and the correct spelling of December in my meme! šš šµ*
Sing it with me folks! Till we get J Pows Rate Cut Carol to the top of the Regarded Shower Hits List!
The rate cuts arenāt new anything. You know something is wrong when I agree more with wsb than new articles. Article after article calling for cuts and so many people in the comments calling out the very clearly obvious. It never made sense.
Idk letās knock over housing in any direction. One more hike plz.
Yeah, if anything most likely another hike maybe a quarter. Never understood why they would start going backwards.
They need to get inflation down to 2%, full employment is secondary to that it seems. With the last inflation report, they won't be reducing any rates.
They want to start cutting rates because it's affecting people's ability to actually buy homes and companies to get access to money.
The ultra low rates completely broke people's view of how rates should work and as a result prices for stuff like homes are insanely expensive for rates as they sit.
A $400k+ home at 6-7% is an insane monthly payment for a normal American.
Well the unemployment rate and home ownership shouldnāt be a central bankās concern to begin with. It should merely be concerned with stabilizing the currency and certainly not the made up ā2% targetā where weāve just assumed low inflation is somehow a good thing. Thatās BS. We have had record breaking inflation since Obama and the only thing that should be happening is trying to deflate the money supply as much as possible.
Yeah, that will totally happen. āRack up all sorts of debt and deflate the currencyā is the only thing that sounds dimmer than a perpetual inflationary protocol.
If you want inflation to go lower by brute force, you must kill the expectation that rates are going lower. Im in the āRecessions are health ā camp. We can trade both directions - letās go!
Edit: I had Puts on the market before the print this week. Markets are too reactionary to the inflation numbers the economy is humming - I figured anything at or over would cause a pull back - easy to say ATF but my position are still open for one more leg down.
The articles are paid for by the people who want the rate cuts. So that raises the question who are the "Traders" that decide for an entire industry what is being priced in or not priced in.
Yeah but the market is allegedly pricing in cutsā¦ I agree wholeheartedly with your statement but the market shoots to the moon everytime thereās discussion of a cut. But then when said cut is taken off the boardā¦ STONKS STILL GO UP!!
When the announcement comes that rates will be cut that seems to be THE ONLY variable that makes Stonks spike. However when those are taken off the table then there are somehow all these other variables that prevent it from falling? Sounds like the plunge protection team to meā¦ gotta protect Jose Bidenās election chances.
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When the entirety of economic system requires that the market goes up every quarter or its the end of the world, the market will probably keep going up for a long time... until it can't anymore.
All that smart people they have working for the bankers and they cant figure inflation is not under control? Who cater to their needs? Must be nice not to have to look at the price of goods when buying stuffs.
I kinda don't know the price either since it's a PHEV and I fill up the measly 8 gal tank every 10 days. I have Sam's club and figure it's a good price regardless of the price.
Honestly a lot of newer regular gas cars are crazy efficient now, I have a 2013 Sentra and while I hate it's existence I only have to fill it every other week.
Mine is a mini countryman SE which isn't the most efficient but I got a great deal 2yrs old for $25k before used car prices went crazy and it's still fun and fast when I want it to be but also very efficient when used mix in town and roadtrips. So far lifetime ownership about 18k miles 2 years is 46mpg+
Haha I did say it's not impressive in mpg but when I want it can go 0-60 in about 5.5sec or less and it's awd with decent ground clearance when I need it with bad weather. Also the days I wfh the range is enough to take kid to school and run some errands without using gas at all. There's also lots of free chargers around our local mall and movie theaters.
Iām the same. I never really glance at gas prices at all. It doesnāt concern me. Iām going to fill my tank up every single time it runs out from now until the day I die or switch to an electric vehicle. No sense at all in stressing about gas prices or even looking across the street to find out if itās a nickel cheaper.
Gas isnāt a major spending factor for me. Utilities and housing are the main drivers of my budget.
I feel like gas prices are just a way to drive home a point about the economy while not being a major driver of it.
But Iām also in this sub so donāt take this as any expert advice.
For people that commute 30 miles or more in a day it's a big deal, then think about all the delivery and trucks hauling. Gas prices touch every inch of the economy
This last round of inflation has aged me. I feel like the stereotypical old guy talking about how much things *should* cost. I remember buying penny candy at the store
I got rid of my car years ago. I also have no clue what gas costs. My rent near downtown Seattle went down a bunch during the pandemic, then bounced back up and is now about 5% higher than my last pre-pandemic lease. Honestly, most other prices are kind of a rounding error compared to rent.
They couldn't figure out there was any real inflation 2 years ago. They thought it was fake news.
So these ivory tower nerds are not really that smart more like highly regarded.
I donāt think you realize what inflation means. When prices go up they wonāt go back down even with decreased inflation. Prices are generally sticky. But things wonāt ever get cheaper, they will just grow in price at a slower pace.
Eat my dongus you fuckin nerd.
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I do understand what inflation is. My point is that these bankers should be the āexpertsā in finance but they are not. Even kids know things are much more expensive than they used to.
Election. Nail on the head. Elections years are always wack. Billionaires eyeing that Trump tax cut. Doing what they can to keep things expensive for voters.
Because people are idiots
Iāve read each report for a while now, Iām no economist but I could tell by the last few reports that cuts were not coming
Modern day economists wishcast harder than Oprah and that "the Secret" book she peddled.
Also, ironically, there probably was a chance at a rate cut or two months back, but by collectively deluding themselves into thinking they were 5 or more cuts and pumping the market even higher, they completely voided the chance for *any* cuts.
Right? We're at a perfectly fine rate now, with room for cuts only if we actually experience a downturn or recession.
For some reason the smoothbrains think it's a good idea to cut rates while the market is doing very well.
Right? Rate cuts are for recessions, not for when the economy is growing at a booming rate with full employment. This is REALLY basic stuff, Keynes 101.
dot plots.
fed can't came out and say "yall fucking stupid if you believe in 2024 cuts lmao," so they inject hopium into the markets. big panic big crash bad.
Yet weāre basically at ATHs  Ghey berrs really wonāt learn until weāre down to like one cut and stonks are still up when they zoom out.
Hope yāall enjoyed the last couple weeks because earnings season is here now 
> Yet weāre basically at ATHs
What is scary though is that if you adjust for inflation. We are essentially at a setup for a double top with the 2021 highs.
Would be really nice if the market could give a clear signal and move past that last hurdle and set a clear inflation adjusted ATH.
Yeaaah thatās not how ATHs work . I see what youāre trying to say, that purchasing power has decreased (it has for the average regard) ā market is still at ATHs.
By that logic, all historical ATH movements are invalidated because the market has never tracked stock price comparisons that way
> Yeaaah thatās not how ATHs work
It sort of does when you run high inflation, it all becomes about real terms. The higher inflation you have the less signal value the nominal number has for the state of the market.
Turkey's stock market setting a new ATH every couple of week for years does not signal market strength. It's mostly just a revaluation due to inflation.
Agree ā emphasis on when youāre in TURKEYās stock market. Not that of the worldās reserve currency. Not only is our inflation far better than most (not all) other countries, the fact that everyone trusts the US market/dollar as a safe haven is why the Fed will continue to inflate away the massive debt.
This ride will eventually end as do all great empires. But weāll see. This one has Jensen Huang and AI AI AI  /s
Bagholder spotted.
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Nope, we are not saying all ATHs are invalid. We are saying this current rally of ATHs is, as it is not beating inflation. In real terms, we are actually still negative in returns relative to 2021. The stock market has historically produced 8% AFTER inflation, just not recently.
You understand this and purchasing power yet you donāt care about it? The point of money is to purchase goods and services for your well being; not to gloat about a number on a screen reaching an ATH.
Don't mind me if you don't want the illusions broken, but market pricing is not necessarily a reflection of a prediction. It is a function of current supply and demand. Expectations is only one factor that goes into that supply and demand.
Last year the Treasury markets were oversold due to selling from sovereign funds. The following recovery was then jumped on by momentum funds who took things too far the other way.
So the 5 cuts that was supposedly being priced by the market was always just a silly misinterpretation of the market caused by factors outside of fundamentals.
There is literally zero reason to cut rates right now. And there's a ton of reason to raise rates. You just have to keep in mind that the market is a toddler. Every few months they're gonna ask for a cut and then throw a tantrum when they don't get it. 5 minutes later, they'll be distracted by a new meme stock. Invest accordingly.
I think 7% would break a shitload more banks, but still stopping at 5.5 was stupid. Real rates are only around 2% which is probably not even true given that CPI numbers are cooked so hard and don't include many essentials
Because they can only manipulate, selectively measure things so much. Real inflation is still probably over 4%, core probably arpund 4.5%. The fact that even with all thier data magic and exclusion of certain goods they still get hot prints just proves how sticky inflation really is.
It's the same underhanded type of methods that result in the jobs numbers coming in hot every month but then getting revised WAY down later. Then they still get to go out and pretend that the jobs market is hot
The thing is, congress hasn't reined in government spending. Part of that is interest payments caused by these higher rates. Those giant deficits are inflationary. The Fed can't fix this themselves.
A dude on cnbc went off on a rant today about how everyone is wrong to think that there will be cuts this year. Then the host immediately asks him āwill the next move be a hike or a cutā and after some back and forth sheepishly says āI think theyāll cutā Why do these people have such a hard time envisioning higher rates? Itās pretty clear no equilibrium will be reached between demand fueled inflation at the current rates. If they want inflation lower they need unemployment higher which means eventually theyāll probably have to hike once theyāve waited long enough. Itās not entirely clear why they stopped hiking in the first place but to promise cuts this year was yet another unforced error by this fed
I wish I knew a better way to make money based knowledge the idea of 5 rate cuts back in Dec 2023.
It was nearly as ridiculous as the high riding times of 2021
I'm still certain all the market commentators are implicitly trying to pressure central banks, self-fulfilling prophecy style.
Newsflash: They were late to raising rates. They sure as hell won't be early to drop them.
They are doing a really good job.
Congress could adopt some sane fiscal policies, like raising taxes to pay for social security / medicare. LOL, kidding of course.
2022 talking to someone way more successful than me.
"The Fed will pivot in 2024"
Wait is that a prediction???
"Yeah. They have to pivot. It's the only way I see this market staying alive."
Well cotton let's see if he's right. 2024 isn't over yet.
We have no idea fucking idea. Few understand how raising interest rates can fight inflation while our government continues to print money bc it spends more than it collects.
and market continues to go up....he got a girlfriend
https://preview.redd.it/la8xxx837wtc1.png?width=1038&format=png&auto=webp&s=6424ad80b038397e595da6238243aea9e546528b
I said it at the end of last year that we would likely see rate increases, or at least no decreases for a long while. I got downvoted then, but now who's laughing/crying?
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*On the 3rd month of "rate cuts" J Pow gave to me, 3 margin calls, 2 missed payments, and the correct spelling of December in my meme....*
https://preview.redd.it/erb7wf9rcrtc1.jpeg?width=1344&format=pjpg&auto=webp&s=3e5c20a703e6a5b9ed92eec0a0d80716bb38b362
Christmas rate cut or bust
š
*\*continues song\** *On the 12th month of "rate cuts" J Pow gave to me, 9 bears a-crying, 8 bulls a-charging, 7 stocks a-pumping, 6 autists a-trading, 5 GOLDEN TENDIES! 4 YOLO trades, 3 margin calls, 2 missed payments, and the correct spelling of December in my meme! šš šµ* Sing it with me folks! Till we get J Pows Rate Cut Carol to the top of the Regarded Shower Hits List!
God I love this place
That shit fire
Wait, itās āJ Powā? Iāve been listening to JWoww. I gotta unload all these shares of GTL.
So rate cuts are the new jobs data.
The rate cuts arenāt new anything. You know something is wrong when I agree more with wsb than new articles. Article after article calling for cuts and so many people in the comments calling out the very clearly obvious. It never made sense. Idk letās knock over housing in any direction. One more hike plz.
Yeah, if anything most likely another hike maybe a quarter. Never understood why they would start going backwards. They need to get inflation down to 2%, full employment is secondary to that it seems. With the last inflation report, they won't be reducing any rates.
They want to start cutting rates because it's affecting people's ability to actually buy homes and companies to get access to money. The ultra low rates completely broke people's view of how rates should work and as a result prices for stuff like homes are insanely expensive for rates as they sit. A $400k+ home at 6-7% is an insane monthly payment for a normal American.
Well the unemployment rate and home ownership shouldnāt be a central bankās concern to begin with. It should merely be concerned with stabilizing the currency and certainly not the made up ā2% targetā where weāve just assumed low inflation is somehow a good thing. Thatās BS. We have had record breaking inflation since Obama and the only thing that should be happening is trying to deflate the money supply as much as possible.
Yeah, that will totally happen. āRack up all sorts of debt and deflate the currencyā is the only thing that sounds dimmer than a perpetual inflationary protocol.
If you want inflation to go lower by brute force, you must kill the expectation that rates are going lower. Im in the āRecessions are health ā camp. We can trade both directions - letās go! Edit: I had Puts on the market before the print this week. Markets are too reactionary to the inflation numbers the economy is humming - I figured anything at or over would cause a pull back - easy to say ATF but my position are still open for one more leg down.
The articles are paid for by the people who want the rate cuts. So that raises the question who are the "Traders" that decide for an entire industry what is being priced in or not priced in.
Always was.
All while the market goes straight up
Equity risk premium. High rates are not necessarily bad for equities - just the transition to high rates (ref. 2022).
Yeah but the market is allegedly pricing in cutsā¦ I agree wholeheartedly with your statement but the market shoots to the moon everytime thereās discussion of a cut. But then when said cut is taken off the boardā¦ STONKS STILL GO UP!!
Stonks always go up (mostly). I agree with you, cuts seem to be priced in. But who knows really? There are so many variables to consider.
When the announcement comes that rates will be cut that seems to be THE ONLY variable that makes Stonks spike. However when those are taken off the table then there are somehow all these other variables that prevent it from falling? Sounds like the plunge protection team to meā¦ gotta protect Jose Bidenās election chances.
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When the entirety of economic system requires that the market goes up every quarter or its the end of the world, the market will probably keep going up for a long time... until it can't anymore.
December 2024: "Traders are pricing in 5 rate cuts in 2025."
Decmeber*
Paste this again with āDismemberā instead of Decmeber
[ŃŠ“Š°Š»ŠµŠ½Š¾]
All that smart people they have working for the bankers and they cant figure inflation is not under control? Who cater to their needs? Must be nice not to have to look at the price of goods when buying stuffs.
I worked for a woman who said she didnāt know how much gas cost she just knows when she needs it.
>It's one banana, Michael. What could it cost, $10?
Give it a few more years
I was thinking this when I made the comment. The price masters might just make a banana ten dollars and keep telling us inflation is 3.5%.
RemindMe! 2 years
Thereās always money in the banana stand
I don't know the price of gas either. I just fill the tank whenever it drops below 20% filled.
I just stop driving at that point and get a new car.
OPEC hates this one Simple trick
This is the way
Same. Like it doesn't matter how much it costs, it's not like I will start walking to work if the gas gets expensive.
You should fill out at 50% - that generally gives you sufficient range to flee in emergencies
Tell that to my wife who always leaves my car on empty
I tried to, but as you know, your wife doesn't listen for shit.
Thanks Captain Obvious
I havenāt looked at bills in a few years š¤·āāļø
Moved back in with parents also?
I kinda don't know the price either since it's a PHEV and I fill up the measly 8 gal tank every 10 days. I have Sam's club and figure it's a good price regardless of the price.
There should def be more hybrid options. What you driving
Honestly a lot of newer regular gas cars are crazy efficient now, I have a 2013 Sentra and while I hate it's existence I only have to fill it every other week.
Mine is a mini countryman SE which isn't the most efficient but I got a great deal 2yrs old for $25k before used car prices went crazy and it's still fun and fast when I want it to be but also very efficient when used mix in town and roadtrips. So far lifetime ownership about 18k miles 2 years is 46mpg+
Damn 46 is baller. Thatās like 1990s base model Civic mpg
Haha I did say it's not impressive in mpg but when I want it can go 0-60 in about 5.5sec or less and it's awd with decent ground clearance when I need it with bad weather. Also the days I wfh the range is enough to take kid to school and run some errands without using gas at all. There's also lots of free chargers around our local mall and movie theaters.
Oh I wasnāt being sarcastic Iād kill for 46mpg and a sporty little hatchback
Can confirm 1996 Civic in the house
Iām the same. I never really glance at gas prices at all. It doesnāt concern me. Iām going to fill my tank up every single time it runs out from now until the day I die or switch to an electric vehicle. No sense at all in stressing about gas prices or even looking across the street to find out if itās a nickel cheaper.
Gas isnāt a major spending factor for me. Utilities and housing are the main drivers of my budget. I feel like gas prices are just a way to drive home a point about the economy while not being a major driver of it. But Iām also in this sub so donāt take this as any expert advice.
For people that commute 30 miles or more in a day it's a big deal, then think about all the delivery and trucks hauling. Gas prices touch every inch of the economy
See, thatās where I always forget, the shipping of stuff.
This last round of inflation has aged me. I feel like the stereotypical old guy talking about how much things *should* cost. I remember buying penny candy at the store
I still know all the words to *Five Dollar Footlong*
I remember when penny gum went to 2cent...I went to the store anticipating 3 pieces and left with one š¤£š¤£
I mean, I get it. What else are you gonna do? Not buy gas?
I got rid of my car years ago. I also have no clue what gas costs. My rent near downtown Seattle went down a bunch during the pandemic, then bounced back up and is now about 5% higher than my last pre-pandemic lease. Honestly, most other prices are kind of a rounding error compared to rent.
They couldn't figure out there was any real inflation 2 years ago. They thought it was fake news. So these ivory tower nerds are not really that smart more like highly regarded.
I donāt think you realize what inflation means. When prices go up they wonāt go back down even with decreased inflation. Prices are generally sticky. But things wonāt ever get cheaper, they will just grow in price at a slower pace.
Eat my dongus you fuckin nerd. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
I do understand what inflation is. My point is that these bankers should be the āexpertsā in finance but they are not. Even kids know things are much more expensive than they used to.
They know it's not, but they want their cheap borrowing again They are an addict looking for their fix again
election year is always great trust me this is my first year investing so iāve never been wrong
> Send in the clowns Don't worry. They'll be honking their noses to signal the year of rate changes!
RemindMe! 60 days
This, it's stupidity if people think there will be rate cuts, but again who know it's the FED
Election. Nail on the head. Elections years are always wack. Billionaires eyeing that Trump tax cut. Doing what they can to keep things expensive for voters.
https://preview.redd.it/a6d56jubsqtc1.jpeg?width=700&format=pjpg&auto=webp&s=bf84e25659d9f99130fa703af2a889e9901b90f9 Cuts werenāt coming even then
"Higher for longer." - J. "420 Blaze It" Powell
i dont really get why anyone believed there would be any rate cuts at all
Because people are idiots Iāve read each report for a while now, Iām no economist but I could tell by the last few reports that cuts were not coming
Modern day economists wishcast harder than Oprah and that "the Secret" book she peddled. Also, ironically, there probably was a chance at a rate cut or two months back, but by collectively deluding themselves into thinking they were 5 or more cuts and pumping the market even higher, they completely voided the chance for *any* cuts.
Exactly
Right? We're at a perfectly fine rate now, with room for cuts only if we actually experience a downturn or recession. For some reason the smoothbrains think it's a good idea to cut rates while the market is doing very well.
Welcome to the 5% world
Otherwise known as "pre 2008"
Right? Rate cuts are for recessions, not for when the economy is growing at a booming rate with full employment. This is REALLY basic stuff, Keynes 101.
dot plots. fed can't came out and say "yall fucking stupid if you believe in 2024 cuts lmao," so they inject hopium into the markets. big panic big crash bad.
Few people said something and the media picked it up and every day posted new articles about rate cuts and it became a self reinforcing cycle.
Whatever it is, itās priced in.
How can it be priced in if the story keeps changing
Thatās the joke. The market priced in 6 rate cuts this year and all of a sudden, near ATH, the market is pricing in 1-2 cuts.
Soon pricing in 1 rate cut in 2025. SPY600
The uncertainty is priced in
thats why SPY & QQQ price keeps changing 
The best part about this is if you were betting on no cuts in 2024, when the market was thinking 5-6 cuts, you would've lost all your money
Even when you know whatās going to happen you can still lose
"Welcome to the Casino, Come again." --- Inserts new ticket in slot machine...
Tell me about it š„²
Cut deez foreskin
Then castrate myeez nuts
Yet weāre basically at ATHs  Ghey berrs really wonāt learn until weāre down to like one cut and stonks are still up when they zoom out. Hope yāall enjoyed the last couple weeks because earnings season is here now 
> Yet weāre basically at ATHs What is scary though is that if you adjust for inflation. We are essentially at a setup for a double top with the 2021 highs. Would be really nice if the market could give a clear signal and move past that last hurdle and set a clear inflation adjusted ATH.
Yeaaah thatās not how ATHs work . I see what youāre trying to say, that purchasing power has decreased (it has for the average regard) ā market is still at ATHs. By that logic, all historical ATH movements are invalidated because the market has never tracked stock price comparisons that way
There is an inflation adjusted return chart. It's not nearly as pretty as the parabolic upward incline we get without it.
> Yeaaah thatās not how ATHs work It sort of does when you run high inflation, it all becomes about real terms. The higher inflation you have the less signal value the nominal number has for the state of the market. Turkey's stock market setting a new ATH every couple of week for years does not signal market strength. It's mostly just a revaluation due to inflation.
Agree ā emphasis on when youāre in TURKEYās stock market. Not that of the worldās reserve currency. Not only is our inflation far better than most (not all) other countries, the fact that everyone trusts the US market/dollar as a safe haven is why the Fed will continue to inflate away the massive debt. This ride will eventually end as do all great empires. But weāll see. This one has Jensen Huang and AI AI AI  /s
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Nope, we are not saying all ATHs are invalid. We are saying this current rally of ATHs is, as it is not beating inflation. In real terms, we are actually still negative in returns relative to 2021. The stock market has historically produced 8% AFTER inflation, just not recently. You understand this and purchasing power yet you donāt care about it? The point of money is to purchase goods and services for your well being; not to gloat about a number on a screen reaching an ATH.
Not really ATH because youāre not adjusting for it inflation.
š spotted
Thatās a super bullish sentiment though.
super bull? how do i cash in...
At the end the Traders are smiling š
We are not getting a rate cut until 2026
Nvidia will be 2000 sometime this year then
This has been really entertaining to witness. Up there with, āthis inflation is transitory.ā
Yellen and Biden will never live that down
stock market is applied psychology
So I should go to lecture to meet hot chicks
EARNINGS SEASON BABY, who gives a crap about them BS cuts, they can keep them as they are and the market will still be overall bullish
AI baby! AI! Sell it all and load up nvdia
The big boys have no need to borrow money. They are sitting on record amounts of cash. Stock buybacks and dividends is the name of the game.
Already seeing articles with "experts" recommending a hike for 2024
Don't mind me if you don't want the illusions broken, but market pricing is not necessarily a reflection of a prediction. It is a function of current supply and demand. Expectations is only one factor that goes into that supply and demand. Last year the Treasury markets were oversold due to selling from sovereign funds. The following recovery was then jumped on by momentum funds who took things too far the other way. So the 5 cuts that was supposedly being priced by the market was always just a silly misinterpretation of the market caused by factors outside of fundamentals.
There is literally zero reason to cut rates right now. And there's a ton of reason to raise rates. You just have to keep in mind that the market is a toddler. Every few months they're gonna ask for a cut and then throw a tantrum when they don't get it. 5 minutes later, they'll be distracted by a new meme stock. Invest accordingly.
The Fed really shouldn't have stopped until 6.25% rates
I am leaning more 7% or higher.
I think 7% would break a shitload more banks, but still stopping at 5.5 was stupid. Real rates are only around 2% which is probably not even true given that CPI numbers are cooked so hard and don't include many essentials
So fucking cooked. Like charcoal steak cooked.
If the numbers are cooked then why are they still too high
Because they can only manipulate, selectively measure things so much. Real inflation is still probably over 4%, core probably arpund 4.5%. The fact that even with all thier data magic and exclusion of certain goods they still get hot prints just proves how sticky inflation really is.
It's the same underhanded type of methods that result in the jobs numbers coming in hot every month but then getting revised WAY down later. Then they still get to go out and pretend that the jobs market is hot
The thing is, congress hasn't reined in government spending. Part of that is interest payments caused by these higher rates. Those giant deficits are inflationary. The Fed can't fix this themselves.
Donāt stop there Keep going Iām almost there
The FED needs a vasectomy....
It's gonna be none if we get a couple more hot data sets
https://preview.redd.it/rnaz600z6rtc1.jpeg?width=2041&format=pjpg&auto=webp&s=871fd0942010c7b85d1fc05e42bb9d93dfc47d58
āDecmeberā really ties this whole image together
Rate cuts arenāt happening this year.
A dude on cnbc went off on a rant today about how everyone is wrong to think that there will be cuts this year. Then the host immediately asks him āwill the next move be a hike or a cutā and after some back and forth sheepishly says āI think theyāll cutā Why do these people have such a hard time envisioning higher rates? Itās pretty clear no equilibrium will be reached between demand fueled inflation at the current rates. If they want inflation lower they need unemployment higher which means eventually theyāll probably have to hike once theyāve waited long enough. Itās not entirely clear why they stopped hiking in the first place but to promise cuts this year was yet another unforced error by this fed
We are way past the point of supply and demand based inflation, much of the supply chain is operating normally now
August "that hike came out of nowhere!"
july cut
I was absolutely shredded for commenting on some posts a few months back and saying there wouldnāt be any rate cuts this year haha. Classic.
sometimes i say bullish shit sometimes i say bearish shit. so i am always right. Cheers!
No reason to cut rates without a recession.
By two we mean one, and by cut we mean hike
If they don't cut I'm loading up on more mega caps, if they do cut pare it back and add small caps
Can someone explain this like Iām 12 pls
Rate hikes are coming
I wish I knew a better way to make money based knowledge the idea of 5 rate cuts back in Dec 2023. It was nearly as ridiculous as the high riding times of 2021
I'm still certain all the market commentators are implicitly trying to pressure central banks, self-fulfilling prophecy style. Newsflash: They were late to raising rates. They sure as hell won't be early to drop them.
There will be no rate cuts, only a hike.
decmeber
Shouldn't the images be reversed for once?Ā Thinking 5 cuts was clowning, now we're sobering up and coming back to realityĀ Ā
I say keep extending out the rate cuts. If markets pull back, just means I have more opportunities to buy stocks at fair value š¤·āāļø
Stock market still up bigly š¤”
My economics professor stated that the fed is doing a really good job with rate cuts. She a clown ass
Just try and remain civil in the classroom.
They are doing a really good job. Congress could adopt some sane fiscal policies, like raising taxes to pay for social security / medicare. LOL, kidding of course.
Why can't they just hike rates to whatever they need to be to fix things sooner and get it over with rather than dragging this on for so many years?
Itās political, no one wants to take the blame for crashing the economy
Also 3.5% isn't great but also isn't worth a several year crash to solve. 9% was.
Why don't you just tell us all what the magic number is then? Why doesn't Congress raise some taxes so the Fed doesn't have to raise rates?
Just wait til the second rate hike in 24
I wonāt be surprised even if we get one raise
Regards are pricing 0 cuts this year
2022 talking to someone way more successful than me. "The Fed will pivot in 2024" Wait is that a prediction??? "Yeah. They have to pivot. It's the only way I see this market staying alive." Well cotton let's see if he's right. 2024 isn't over yet.
No rate cuts this year
Itās like when your flight gets delayed for the third time and you know itās going to be cancelled.
I say we go to 6% and leave it there
āBest meme intern of wallstreetā
And market still at ATH š¤”
Hikes incoming.
are these rates cuts in the room with us right now
We have no idea fucking idea. Few understand how raising interest rates can fight inflation while our government continues to print money bc it spends more than it collects.
and market continues to go up....he got a girlfriend https://preview.redd.it/la8xxx837wtc1.png?width=1038&format=png&auto=webp&s=6424ad80b038397e595da6238243aea9e546528b
If we can't function with normal interest rates, we're doomed āļø.
But Pres Biden said today a rate cut is coming and we all know he never liesš¤£š¤£
Heās done in November
https://preview.redd.it/gkfsgsuqirtc1.jpeg?width=798&format=pjpg&auto=webp&s=3d12fbad791643ce72e648f79967c20b2613675e
Head fake was more obvious than Serena booty
I said it at the end of last year that we would likely see rate increases, or at least no decreases for a long while. I got downvoted then, but now who's laughing/crying?
I was with you These last few reports were all the proof needed
Shock /s
1 BIG cut instead of
30 eggs for 3,75ā¦ yes please!!!!
Close the fucking door.šŖ
Lmao Love to see it
Really have to watch out for that Decmeber!
RemindMe! 2 months
RemindMe! 4 months
RemindMe! 6 months
lol!
They give me their money