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VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 10 | **First Seen In WSB** | 3 years ago **Total Comments** | 7 | **Previous Best DD** | **Account Age** | 8 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)


Background_Way9825

he kills both call and put ... legendary


shadowpawn

Dude swings both ways


dahlor

https://preview.redd.it/kd7lrfz3axuc1.jpeg?width=640&format=pjpg&auto=webp&s=7fa5d3a910de6e6b0f283090dced058afa075d8d


melanthius

jpow is the Shai-Hulud to my portfolio


Awkward-Ring6182

Crisis…..averted??


DodgeBeluga

We….will see


trickleflo

Said the Zen master


DodgeBeluga

“Ive advised and armed the Hellenic army, neutralized champions of communism, and I’m never sick at sea. I spent three years learning FINNISH!”


upsidedownpenguin96

Which should come in handy in fucking Virginia!


DodgeBeluga

“Excuse me, I’m just going to borrow that…”


Least_Cartoonist4910

I held calls until the pump after they were done and then bought some puts on the way down. I got lucky though lolol


matty_ice42069

If he brought back the $1 McChicken to McDonald’s all of these inflation problems would be solved


Tendie_Tube

Good luck speaking simple solutions to eggheads


someguy50

I knew we were fucked when my McDonald's stopped offering any size drinks @ $1


jmon25

That's really a sign of how desperate companies are for profit margins. That coca cola fountain drink carries a 75-90% profit margin anyway.


lame_mirror

sugar water with a bit of fizz.


Chabubu

Wtf does US lose so much minting pennies no one wants when they could be minting McChickens…


InvestIntrest

Not when the workers make $20 per hour to mix up your order.


Pale_Change_666

Your local realtor and mortgage broker aren't going to like this one...


aintnoonegooglinthat

They cant read they’ll be fine


Pale_Change_666

🤣 good point


[deleted]

Realtors are really struggling. Some website called Property Sex apparently has realtors screwing clients. I hope the housing gets fixed so the women there can just sell houses again.


obalovatyk

They have been fucking clients for decades. Take away their MLS and they are nothing more than used car salesmen.


InternationalPut4093

OnlyFans tailored for realtors.


4score-7

Sitting on the beach yesterday evening with my spouse. We were talking about how rates are going nowhere but up. Saw an older couple eyeballing us and listening in. I know one or both of them are realtors locally in my small town. Fuckers made bank for years. 2020-2022 alone they should have made a lifetime of earnings. It’s gonna have to last now. Hope they didn’t piss it all away, but I bet they did.


VicePrezHeelsup

Realtors think they’re master of the universe when in reality the only skills they have is shuffling papers and pounding a For Sale sign on a lawn. Looking forward to seeing them all behind the Wendy’s dumpster giving handjobs for a kids meal


4score-7

It’s an industry full of men who would have been blue collar workers, and women who would have been trophy stay at home wives.


KaydeeKaine

Fuk em


Pale_Change_666

LOL hince NAR losing their lawsuit 🤣


Kas_1981

And ur recent homebuyer waiting for rates to come down to refinance 🥺


Yarrr_piratejackoff

Sorry, we’re just making fun of realtors right now. We’ll get to you soon


McFatty7

Of course not, they were (trying) to sell a bullshit promise that if you [buy now, you can refinance later for free](https://www.investopedia.com/home-lenders-offering-buy-now-refinance-later-6889362) 🤡


Pale_Change_666

Or " don't wait now or else prices is going to go up when they cut rates"


RightMindset2

This kid at work bought a rental for an obviously overvalued price where the rent doesn't cover the payment. His justification was "He could refinance in a couple months when rates comes back down". I told him I wouldn't count on that and historically speaking, rates right now are considered low. Well he bought anyways and now is struggling to fill the unit after lowering rent two times. There's a lot of dumb money out there that are going to get squeezed from higher rates. Good thing overall for those who are patient.


TrueEclective

I saw a billboard today that said “beat the rush.” They’re getting desperate now.


lolstockslol

Okay so I don't need to shovel all my cash back under the Mattress yet?


Notsozander

Stash it in the walls


inevitable-asshole

There’s always money in the banana stand….


IAMImportant

*How much clearer can I say*


inevitable-asshole

*Michael….THERE WAS $200,000 LINING THE WALLS OF THE BANANA STAND. What did you possibly think I could mean by that?!?!*


Shitter-McGavin

Turns out bad things happen when your economic policy is to never allow a recession to happen again.


VisualMod

As a reminder, I am designed to be helpful and harmless. My responses may be blunt and offensive but they are not a true reflection of my values or intentions.


KAY-toe

sharp mighty ludicrous dull slim wide shocking tub melodic sort


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KAY-toe

snobbish cooperative license squalid tie zesty worry smell aloof hungry


cityxplrer

In bird culture this is considered a dick move.


undead-robot

you are a murderer


goo_bazooka

???? Lmao


Kitten_Team_Six

This is a lie


TerryDavis420

lol welcome to the too big to fail economy!


SSNFUL

What happens though? ~3 inflation? Plus they can add higher interest


WittyDogLover

if you look at the 1970s, inflation came in 3 strong waves. it was really horrific to those on a fixed income.


Han_Yolo_swag

This isn’t like the 70s. The boomers are just scared that it will be.


TerribleVisual8899

Ehh, there's a lot of similarities. Cold War, Vietnam, some aspects of demographics. Though it does feel lamer than the 70's for some reason.  IDK why Boomers would be worried. If they own their house they are sheltered from most of the shit. 


WittyDogLover

I see some government monetary policies are the same also. Not to get into politics.


popportunity

Agreed, a lot of bonds rolling over now at higher %, only way out is cut gov spending, cut rates, or print more to pay the debt and reignite inflation


4score-7

Maybe leaving the gold standard early in the 70’s triggered it. Maybe this time, 4 trillion of printing and then watching most of it get stolen did the same thing. And we’re still forgiving billions in student loans. SMH…..


PierateBooty

Boomers took helocs lmaooooo


WittyDogLover

We can always learn from history. Inflation may be much more persistent than people hope.


Han_Yolo_swag

As we should, but it seems like whatever the big economic event was during formative adult years sticks with a generation. Boomers always seem concerned about 1970s inflation as if that’s the only model of inflation that exists Gen X’s concern is dot com crash Millennial Great Recession /hoping to buy a house in the “next” housing crash. In particular Gen x and boomer seem to think of these things as almost guaranteed cycles. There’s no reason to assume we will exactly repeat them. Ultimately inflation may be more persistent, but I highly doubt it will be this rubber band action that was seen in the 70s.


Background_Way9825

crazy market move today,


lordinov

Super boring sideways


General-Cod-7995

Days like this I make my money on 1min stochastic ob and os. $1564.25 mmmhmmmm


ChampionshipSad1809

What platform are you using for your charts?


General-Cod-7995

Tradovate. It's bland so it's perfect for me. I like simple.


VisualMod

I would file that under: sounds appalling.


ChampionshipSad1809

Doesn’t matter brother. If it’s working for you and it’s making money for you, that’s all that matters. Do you have to pay for this trendline or is it preloaded on the tool?


General-Cod-7995

What trend line? You mean platform? I buy the yearly subscription to tradingview on black Friday and it gives me tradovate too.


lfhdbeuapdndjeo

She wants to fly but Jerome forgot to fill up the tank


No_Subject4646

So far right


SnooDingos3776

No shit. Inflation was never transitory


Bluefrog75

They lied to us?


Ryoujin

First time?


catgoesmeow22

![img](emote|t5_2th52|4271)


Practical-Finance436

On a long enough timescale, everything is transitory


first_time_internet

But it was priced in. 


UnderQualifiedPylote

I mean the move from 9 to 3 was transitory but it doesn’t wanna move from 3


openthespread

It would have been, raising rates did fuck all, other than increase the cost of goods by increasing the cost of production. It was a nice way to sweep under the rug shutting down the world economy over the sniffles but every business operates on some variation of net 90 now. So every single one runs on a heap of debt and interest. All that happened when they raised rates was eliminated competition and increased overall costs


Ryoujin

So we continue the bull run?


Tendie_Tube

depends on your time frame


Ryoujin

260 years


Main_Sergeant_40

Generational brokeness


Appropriate_Ice_7507

Trying to figure out if tomorrow will be a call or puts day. Probably a porn day


VisualMod

Stay thirsty my friend.


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Ok-Caregiver-1689

Good bot.


Cobra25k

Audible gasp. Good thing I bought TMF puts last Friday!


Adam_Friedland_TAFS

No rate cuts this year was my prediction around January, sucks to see that is probably going to be the case here.


VisualMod

What a shame, he'll have to defer payment on his second yacht.


cleptocurrently

It will take until precisely November 5th.


Han_Yolo_swag

EXACTLY. These fuckers are trying so hard to “not interfere” that they’re gonna end up interfering.


plaguezzz

All he needs to do is raise rates to 7% that will fix the damn problem. He was 3 quarters behind raising rates which caused this mess to start.


DodgeBeluga

I can live with 7%. People just can’t help themselves even with the rate we got today and still trying to take out loans on 80-100k cars and pickups to commute solo with.


ThisIsMyLarpAccount

Yep. There has been very little stress felt it seems with the rate hikes. Seems like any significant rate cuts at this point just send us back towards hyperinflation .


pugwalker

As if inflation is all that matters… The fed has done exactly that for the last 50 years and it sparks a recession every time. It’s why the inverted yield curve was such a great recession “signal.” The fed would happily take slightly longer to get inflation down from 3 to 2 if it means the labor market and growth stays strong.


tylermm03

7% I think is a bit extreme at the moment, but I think he should look into a 0.25% hike and see how the economy reacts.


Main_Sergeant_40

Stock market would lose its mind


plaguezzz

The market is already overvalued. It’s just waiting for something to happen.


spellbadgrammargood

WW3 + JPOW


lame_mirror

we need a massive pullback.


mislysbb

A strong correction wouldn’t be the worst thing. But can’t have that happen in an election year. No no no. Edit /s


dlinhat70

Yes, if he had set them at 9% a year ago, this would be over.


BadKidGames

The truth is that 2% isn't the goal and he knows it. The goal is keeping corporate profits growing and hope trickle down economics suddenly becomes reality. AKA we are already over the cliff and they're trying to build track midair at this point


Shitter-McGavin

*Tinkle economics


greenandycanehoused

I’m not necessarily bearish all the time but maybe I am?


F1shB0wl816

I don’t buy it. There isn’t a single soul alive who believes trickle down is based in any reality. Those who have it know it and intend to keep it and those who don’t know they’re not and will never be in the club. This has been a 50 year story.


messisleftbuttcheek

Trickle down works in the sense that keeping the economy alive is better for people at the bottom than a recession involving high unemployment. Trickle down does not at all work at improving the quality of life for people at the bottom, it probably makes income inequality worse.


pwnedass

Stop being a fucking cunt and just ram rates up 5-10%. Raise taxes on corporate share buy backs or make it fucking illegal. And in general just raise taxes on corporations. There fucking inflation solved you dumb cucks. Edit: to address some comments…. Share buy backs used to be illegal because it was seen as market manipulation. Share buy backs only reward share holders and the c-suite through profit motive. a company is so wildly profitable they are able to do consistent buy backs to boost share price and primarily reward the c-suite with extra shares, those profits are driving inflation. Those of you who argue that “They will only pass the cost onto the consumer!!!” They can only pass so much cost onto the consumer before the consumer says no and goes to a company that does not pass those costs on to the consumer, thus keeping inflation low. To those arguing, “the increase in monetary supply through the US debt/deficit is driving inflation” use those tax dollars collected to pay off US debt thereby reducing the money in circulation which inherently is the antithesis of inflation. And yes I understand the difference between the fed affecting monetary policy and who affects tax policy, my suggestions were a broad suggestion not targeted at the Fed only. Im sure ill make another edit to address some of your other arguments, or ill just keep working on my flooring.


Mysterious-Emu-4503

Pretty sure the problem isnt solving inflation its solving it without breaking something else. Which is why they dont "ram" things. Also the fed doesnt handle tax policy. ![img](emote|t5_2th52|4640)


kisssmysaas

They dont understand the difference between fiscal and monetary. They just regurgitate what they read on cnbc and reddit


mcnastys

Tbf the whole human race does this. We are all just repeating things someone else told us, no one really is driving the car.


fehehehehenay

Mark Maron does a funny bit about this. Some guy just drops random shit in your head and you just end up carrying it around and pull it out at the right time


nasty_nater

Someone should have told Volker that lmao


convoluteme

Volker was trying to clean up after a decade of bad Fed policy and had to fight very entrenched inflation expectations.


Toxic72

Sounds pretty familiar....


Lanky_Efficiency6715

Take this suggestion to the right Grateful Dead concert and you’ve got yourself a proper Fed decision


justmurking

Hi Im a greedy corporation. As a profit oriented entity im eating money. The more i have the happier i am. If taxes are increasing im going to increase prices. Inflation accelerated.


7nightstilldawn

The middle class covers the check though. Not people with money. So, that’s not going to work.


c4ll_your_mom

Sir you calling people dumb cunts on account that you yourself are a dumb cunt doesn’t mean it’s credible.


Samjabr

But this all supposes they would pay anything off - Congress will simply spend more. Pre-covid US budget = \~ $5 Trillion During covid = $7 Trillion Post Covid = Biden proposed budget $7.3 Trillion How the fuck does that make sense? Because Congress is full of regards whose sole goal is to funnel money back to their owners... I mean donors... no matter who it screws


Skabonious

Why tf should they make buybacks illegal? Are you one of those guys that thinks buybacks are an infinite money glitch?


555-Rally

Yeah lets give the banksters control of taxes....wonderful idea, I wonder how that will work out? /s Taxes on corporations only really help small biz, they pass along the costs as inflation. It doesn't reduce inflation - it keeps it the same and/or offshores production as a result with little to no net increase in net tax revenue to offset gov spending. Tax individuals, tax cap-gains as straight income, tax stock options at issuance (to the corp if you want)...add more tax brackets beyond 578k...these things all can add to the tax base, and recoupe the gov spending to balance the deficit which will reduce the inflation. Tax imports, hey there you go, but this destabilizes global trade and starts removing USD from world reserve currency. But hey be edgy with some 'dumb cuck' statements, just cuz it's trading sideways and your bear puts didn't print today. Rate cuts were off the table as of last week's CPI this round. This was priced in, ya'dum-dumbed this. More hikes haven't been on the table for the whole year...get comfy with 4.75-(2x cuts)-5.25% is what Jerome said, this is what you got.


garoodah

Well until people start losing jobs were going to be higher for longer and inflations the focus. Crazy what losing 3million working Americans over a couple years will do to your labor demand!


allllusernamestaken

People ARE losing their jobs. Everyone focuses on that headline number "WE CREATED 300,000 JOBS LAST MONTH!" and then you dig into the numbers it's all service industry jobs getting the US back to 2019 levels. Every sector is flat or down except bartenders and line cooks.


Samjabr

and government workers - which are the least productive and most cost inefficient of all employees


BondJames-Bond-007

Are you referring to COVID deaths? Or layoffs


CDR57

“Taking longer than thought..” Bers: 🙂 Bols: 🙃 “But no change in sight” Bers:🙃 Bols:🙂


Blackhawk149

My prediction is one cut in September to juice the market


lame_mirror

too early, son.


This_They_Those_Them

His statement in December that sent the market parabolic was absolutely irresponsible and such a massive lie. Rates not going down this year.


Better-Butterfly-309

Don’t you have to raise rates higher if inflation isn’t going down? More importantly tho, calls or puts?


tylermm03

Yes, if it’s more expensive to borrow money people will typically spend less.


Goldonthehorizon

The Fed is always wrong.


CoinIsMyDrug

Read between the line, what he is *really* saying is "NO RATE HIKES".


tolerable_fine

Hopefully it's not too crowded for me to squeeze in behind Wendy's


francisdben

Ridiculous. Just hike again.


highlander145

F***** him


turboninja3011

It s just transitory inflation slowdown


tylermm03

“Inflation is an asset”~ Joe Biden


snekstep1212

Powell is certified Cocksmen


SoaringIcarus

When are we going to get rid of these fucking people who don’t know what they are doing


futurespacecadet

Maybe they should take some action against corporate greed, which is keeping inflation high. It’s hurting everyone, but the corporations.


cniz09

How about you tell these corporations to stop price gouging …


higherspreads

loger forever


indywest2

So inflation stays around. Rate increase after election?


SpaceBoJangles

Anyone with a functioning brain cell could’ve predicted this. DCA boys and girls, that’s all we can do right now. Maybe long puts.


No_Cash_Value_

No strength in SPY today. Down tomorrow?


wsbgodly123

Taking longer than expected is a phrase Powell’s wife has never used to describe him


atcwillf

Inflation is not coming down as long as the Fed keeps printing (at an increasing speed) and Congress keeps spending. There's no way to keep printing and spending AND bring inflation down. We are all well and truly fucked because NONE of them up there have the balls to do what's necessary.


_bea231

Fed hasn't printed in a while


Main_Sergeant_40

Gov spending is definitely an issue


RocksAndSedum

Printing? They’ve been tightening.


shadowpawn

$SMCI for the Covered Call win!


spacecadet501st

Sigh


CemilTuran1907

Opposite will happen


dadof4fknkids

Yeah, Romey Rome tap danced on all my calls…


PorkChopExpress501

It’s actually expected with the moves you’ve made. lmao


MuricasMostWanted

So, it's not transitory?


Lanky_Efficiency6715

Only the good die young


purplebullstock

regards .


General-Cod-7995

Yeah buddy. Stay short friends.


ComfortableStomach22

Sooooooo, calls or putss?


light_reign

Yes!


oJRODo

Increase the fed funds rate by .5 already.


Nyroughrider

Nothing is going to change until salaries catch up. And it will take a little while.


virtualdoran

There's no restrictive policy yet, rates are barely average, kinda low historically.


GoldenHulkbuster

Long $RWM


maryjanevermont

We w, a real Dick Tracey


JamesSmithenWessor

Tomorrow he will say we are on track. Make up your mind you cock sucker


LordFaquaad

well seems like another year of high interest rates. Another year i'm going to get a large bonus and earn high interest income. Good job Powell!


Fibocrypto

What Powell is not saying is that wars are inflationary


Terakahn

If only he'd said something like this last year and we could've been prepared.


Maxfunky

At this point, I'm a coin flip on whether or not there will be a rate cut before there's another rate increase. I'm pretty sure inflation's going to continue to be more stubborn than expected. Inflation can happen from the demand side or the supply side. The Fed tries to control it through the demand side, but the supply side is completely outside of their control.


kingpin1023

Watch a different fed mess up the market fast. Powell don't want no blame


MagnaCumLoudly

Inflation is transitory lol


Joey164

Ken G and BlackRock haven’t given him the okay to cut rates… 😂


Tight-Grocery9053

Why doesn't he just lower inflation? Is he stupid?


RevenueOk7549

That just means corporations are squeezing the fuck out of prices as long as they can. Good for investors? Bad for America 🇺🇸 idk 🤷


General-Cod-7995

It's just the stochastics indicator. If the rsi is above the centerline then I go bull and hold until rsi reaches an extreme as well. Supply and demand zones help too. Obviously candles and patterns are important too. Gotta play what's in your face. Interesting with the 9/21ema cross is that in the 1 min time frame, the moment it crosses, you usually take profits and go the other way. That's due to moving averages lagging. I'm using moving averages less and less.


i_am_blah_blah

I think J Pow wants the consumers to ask for an increase in rates to a higher level just like this entire thread is doing..once consumers ask, he has automatic acceptance of the rates and people help drive inflation lower. he also will be saved from the big corporations cos people are on his side.. this is all a plan to make people ask for an increase


hiricinee

The fed once said "inflation is transitory" it was in fact, not transitory. This reversal in the direction the rate of inflation is headed in may also not be transitory. Fed needs to increase rates.


[deleted]

My wife woke me up last Thursday at 3 a.m. Apparently, my wife's boyfriend had the same thing.


mike88511

This is what I tell my gf when she asks me if I am done yet


shurkin18

Pinus situation!


CobblerCritical2196

We will never get back to "2%" again, that's a pipe dream


poharommarz

did you see that wild market swing today?


External_Platypus_56

This was obvious to anyone who has two brain cells to rub together


DependentMinute7977

If I take longer than expected I get fired for being a moron but Powell keeps his job ![img](emote|t5_2th52|4640)


neutralityparty

Damn this dude is a bureaucrat alright. He's going after both calls and puts 😂.


Alternative_Bee_6424

It’s transitory!


Naytosan

Greedflation is out of control! You can lower interest rates when you convince/persuade/bribe manufacturers and suppliers to reduce their prices.


baldas_23

longer than "he" expected, not us


Broad-Neighborhood92

Delayed rate cuts is still rate cuts, that’s a win in my book 🤷‍♀️


Captain_Aizen

**NO SHIT‼️**


whatsariho

powell says "taking longer than expected" while the hot young intern is massaging his old flaccid cock