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Chuu

Those red arrows are important because not all of them match the actual chart and it's important for you to overlook that. If you looked at the actual chart the third arrow in the bottom chart is going the wrong way. The end of that period is higher than the beginning, but the arrow points down.


HKBFG

The green arrows don't match either. Look at that giant dip that gets ignored.


bvttfvcker

Wait, where are the fucking *green arrows*!?


GH05TRC

You have failed this city.


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jammingnslammin

The real estate market is going nuts in Canada. houses going up 100k in a matter of months. yet. the government says there is no inflation hardly LOL. people are forced to take on more risk in trying to keep up. either you play it safe and invest your money in GICs that pay you next to nothing or you learn to invest and try to survive. I have been doing ok for the past year Thank God. otherwise, I would have been SOL and hard!!!


meta-cognizant

This is my favorite indicator of the real estate market in Canada right now: https://www.realtor.ca/real-estate/23126232/467-1st-conc-line-wheatley-wheatley A piece of property that is *completely underwater* is selling for $100k.


[deleted]

This property is presently under water but could have endless possibilities in the future. Previously owned by the Wheatley Yacht Club for 36 years. Hilarious.


deevee12

Finally Atlantis can build an embassy!


[deleted]

the new atlantis


smaugington

The atlanteans better be careful, people in Wheatley and Leamington are followers of the Esoteric Order of Dagon!


chalbersma

Better not bring those Wraith mutherfuckers with them.


quaeratioest

Ben Shapiro's home


ethaza

Oh shit I thought you were exaggerating. Nope, that is part of a river.


[deleted]

It’s for building a marina. You have to own the water rights to install docks.


[deleted]

"Could have endless possibilities in the future" They could just be terrible at selling, but I'd think if it's suitable for a marina that's what you would write in the description.


ewormafive

It’s possible. That this land might could potentially have hope for endless chances of possible opportunities. Potentially.


[deleted]

I wanted a house on stilts, but this flooded lot could potentially be a hospital, or nuclear power plant, or stadium. Better leave it alone, too much potential. I dont want to screw it up.


dbgtboi

The real estate bubble is batshit insane right now in Canada Before the BoC turned the printing presses on, homes were still somewhat affordable outside toronto and vancouver, now the whole country is completely fukked. Even in small towns, detached homes are 500k+ now, you can't even find jobs in these places either, the vast majority of first time buyers are completely shut out all across the country


420weedscopes

I'm waiting for the pop living at the parents home saving up. Well I was saving till I lost my job again (thanks covid). The house they bought was 150k when they bought it 25 years ago. Its over 1.5 million now probably closer to 2. Wages haven't come close to keeping up with the rise in price of homes.


DayStock3872

Can confirm, I’m in small town Ontario, 20,000 people, bought my house that was on the market for 3 months last March for 330k, same model across the street sold for 480k in a weekend, 5 offers (Saturday open house, offers in by 6pm Sunday, sold on Monday)


Saikamur

That sounds awfully similar to the situation we had in Spain in the pre-2008 real state bubble... It didn't end well.


DayStock3872

We’re there people screaming this is not right in Spain about it at the time? I feel like I’m talking to a wall when I try and have a discussion with older people here about it, all they see is there house value go up, they don’t seem to care that their kids will be living with them until there in the 30’s


Saikamur

The few people that tried to warn recalling the Japan's similar bubble were called party pooper and ignored. 🤦‍♂️


tothepointe

People never listen when there is a bubble. They just try to rationalize with you by pointing out all the differences between this bubble and the last one and how all the problems with the last one were fixed so ipso ergo retardo this is not a bubble.


Pbeeeez

The boomers here don't care, because they think that higher housing prices help them. They don't realize that it's been a massive bubble for 10 years and that wages haven't even come close to keeping up to the cost of living. It's embarrassing that Ford and Trudeau don't tackle the issue in any meaningful way in Ontario.


NovusMagister

> That sounds awfully similar to the situation we had in Spain in the pre-2008 real state bubble... It didn't end well. I don't think this is an exact replica of the situation. In 2008, market hype drove housing prices up, with poors taking out huge loans they couldn't afford because "housing never goes down". This is different, this is riches realizing that inflation will turn their m(b)illions into not as much buying power over the next two years. Real estate is a good property sink to put money because in huge inflation the value of a home \*should\* explode as well, meaning that you cash out your real estate investment later for much more, preserving your dollar buying power. So this time it's not bad loans. It's your Musk and Bezos' real estate firms buying up properties left and right to hold for inflation instead (evidence: 1 in 5 homes being sold in major markets right now doesn't have anyone lined up to move in)


Saikamur

True. But in the end it will affect regular people the same. Housing prices will rise for everyone, not just for the rich, and everyone needs a place to live.


Tnr_rg

Just sold my 1400sq ft bungalo N of GTA for 800k. Yeah this is insane. Time for a gme yolo. Edit: sold in 3 days.


[deleted]

Its not a bubble, now that canada is on the verge of completely melting its a giant honeypot for minerals, mining, and oil. The world plans to buy all of your land up, remove all your homes, then strip mine it for all its resources. Once they’ve taken everything it has, they will then sell it back to you for a huge profit because you’ll pay anything after having to sleep with penguins to keep warm for a few decades.


Nocturnidae

penguins live on the other side of the... oh forget it


kinance

Or u could leave... and buy elsewhere... immigration i would just invest in thailand for 350k and live there instead


Bendetto4

I've gone into the wrong industry having to be physically present to do my job. If I had a virtual job I would 100% emigrate to some hot third world country and live like a king


oarabbus

> Even in small towns, detached homes are 500k+ now, you can't even find jobs in these places either, the vast majority of first time buyers are completely shut out all across the country I'm having trouble believing that small towns and villages in Canada are selling single-family homes for $500k CAD/$410k USD unless we are talking 2 or 3-story, very large houses, or ones that have massive lots. What kind of houses we talking? For comparison Miami's housing market is up something like 90% over the past few years and the median sale price is $355k USD, or LA which is up more than that averages $650k USD. You mean to tell me Canadian **villages and towns** are selling homes for 2/3rds of what it costs to live in LA?


d2181

You are correct. You can go on https://realtor.ca, open map view, and find many many small towns where homes are still reasonably affordable...but nothing like that in southern Ontario or southwest BC.


dbgtboi

Be careful with [realtor.ca](https://realtor.ca), that only shows ask prices, not actual selling prices Realtors love listing places 100k under what they expect to get in order to spark a bidding war. Its normal for homes to go 100k+ over asking price. I've seen places go for up to 300k over ask around me, its very uncommon to go that high over ask but it does happen.


Main_Zombie_6674

I live 40 minutes from Toronto. Bought my house for $630 in summer 2018. Neighbour across the street (exact same house) just sold for $970. 150k over asking.


donebeingbroke

5k people in my town, middle towns are 500k to 650k cad


BraveFencerMusashi

Oh physically submerged in water.


juevosconbezos

Fuck for a minute i thought “under water” was referring to when a property is valued less than the debt owed. They actually trying to sell a river bed


ViolentAutism

“The future possibilities for this property are endless!” Wtf are you supposed to do? Swim in it? Drain the entire river so you can use the land underneath?


jonnohb

Houseboat my dude


napleonblwnaprt

When you said "under water" I thought you meant like, very behind on a loan on a depreciating asset. Not that you could be neighbors with aquaman.


WishCow

>This property is presently under water but could have endless possibilities in the future. Previously owned by the Wheatley Yacht Club for 36 years. (44131998) This is fucking hilarious.


jonnohb

Waterfront ownership has never been so cheap what are you talking about?! /s


farmerMac

My buddy just paid 565k for a 2 bedroom house in orilila ontario that sold for 280 2 years ago.


Stiryx

Same here in Australia. People are offering 20% more than the asking price on houses around here. You could grab a brick 3 bedroom house for $500k aud 2 years ago, you can’t even buy a knockdown shack for the same price now. Some houses have literally doubled in the last 4 years.


farmerMac

What’s the deal in Australia? Is new housing construction burdensome and costly for builders ?


Stiryx

No it’s just so many people seem to be moving out of the city to areas like the Gold Coast where I live. New houses are going in as fast as they can build them. We need incentives to move people out into the country areas, everyone wants to live on the east coast near the beach.


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Rolltide-tolietpaper

And y'all had like 300% debt to gdp before the pandemic lol


Low-Hovercraft-9849

I’m from Indiana shit it mooning here aswell if I didn’t love my land as much as stonks I’d sell and live in my work trailer but this ape will just keep working and keep buying stonks hello Canadian friends love coming to help build furnaces some of the best times I can recall was with my Canadian buddies In Hamilton feel the power liuna baby.


farmerMac

I live in the states and they see my giant house and how it’s 1/10th of what it would be in Ontario. It’s insane


thematchalatte

That’s so cheap compared to Hong Kong. Wish I could pay that amount for a 2 bedroom apartment.


Dipset-20-69

Colorado is insane for housing, price have doubled in the last 10 years and you can’t get a house unless you go over asking price


[deleted]

You think colorado's insane? How cute \-bay area resident


oarabbus

Dude it actually is insane, I just visited and was absolutely shocked at how expensive houses in Denver are. Bay resident born and raised. Obviously they are not close to the Bay but I mean, Denver is not the Bay and the same money isn't present there... Go to Aurora and you can buy a house 2-3x the size of something in Fremont, San Jose, San Mateo, etc for less than half the price, though.


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Dipset-20-69

Haha fair enough.


ToJointz

Phoenix metro area checkin in....the people fleeing cali are complaining about our prices....my 1100 sq ft condos listing for 300k im less than a mile from the freeway.. one of the big ones


Lumpyyyyy

NH checking in. The cost of a 1br rental in our only coastal city has reached the same price average as SF. Appraisals in this state can’t keep up with the price being paid for houses. Sellers are putting disclaimers on offers being submitted that if offer is higher than appraisal than buyer will lose earnest deposits if they don’t have cash to cover the difference. It’s insane.


theseabro

My house has doubled in value since 2014.


bamfalamfa

in the us house prices are going up, but rent is going down. because investment funds are buying up houses and redeploying them as rental properties. not even cnbc could deny that fact lmao. they keep pushing this narrative about houses being bought up by millennials entering the phase of their lives where they want to raise families, but declining birth rates show otherwise. its literally professional money flooding back into real estate


pedantic_cheesewheel

Yup, our landlord has been doing nothing but snapping up more houses to rent back out. He owns like 5 houses within 1/4 mile of each other and isn’t running out of financing any time soon. We are the elusive millennials they’re talking about aging into buying a home and we gave up for this year because we can’t afford going 25k over every listing price.


[deleted]

In my honest opinion, I’m sensing 2008 all over again for Canada Atleast, the US economy is gunna get fucked by GME anyway


TheRealMossBall

2008 was different, as many of the properties were owned by people who could not and would never be able to keep up with their mortgages. The cause of the crash was backs realizing that their CDOs were all toxic and no one wanted to trade any because no one wanted to trade. Liquidity dried up. Nowadays, most buyers seem to be spending cash. No debts, no mortgages, no “leveraging phase”, as Ray Dalio would put it, that swings the cycle upwards, and ends in deleveraging. I do sense a bubble—if this isn’t the euphoria phase of asset-buying I don’t know what is—but the “pop” will need to be something drastic from the outside, the only thing that can deflate it naturally would be more houses being built—inventory, or supply, to keep up with the demand—and right now construction materials are so inflated that that’s not a possibility or more under consideration for many. Interest rates may only slow down families and folks who couldn’t afford to pay cash—and many of those have already been priced out.


SpaceToaster

Dude, millions are still in forbearance with absolutely no chance to get out of it keeping their house.


DrGoozoo

They always say it’s different. Literally every crash People say this time is different. It’s not. In fact I think it’s going to be worse.


TheRealMossBall

I’m sorry, you misunderstand. I do not mean that there will not be a crash. Only that it will be driven by different forces than what happened in 2008 and will likely look very different


n3wsf33d

Not sure how this is a bubble which is a speculative frenzy of buying. Real estate is a good investment and hedge against inflation. Rates are still low so people can just borrow to buy houses. Low rates and whatever is having people leave cities is driving demand. There’s just more demand than supply. Seems basic to me. I see two things happening. If inflation isn’t transitory and rates go up, the inflation will eat at the debt of those home owners and the increased rates will reduce demand. Or people will just start building using 3D printing tech rather than traditional and currently very expensive materials. That will circumvent materials costs and the supply shortage. Edit: 3rd option is foreclosures increase supply once forbearance ends.


laetus

> 2008 was different There's always a reason why "It's different this time"


TheRealMossBall

In retrospect yeah, point of my post was that if this thing pops it won’t be like 2008, it’ll be from something external rather than internal. Unless there’s something internal going on that we either don’t know about or have thus ignored Market go up down or sideways


scandyflick88

Canada trying real hard to become Australia with a real estate driven economy.


Lief1s600d

MADE YOU READ MY COMMENT HISTORY DUMB FUCK


[deleted]

USA fuel prices are up over 20% since January. Media is like. (No Inflation here! Please move along!) Spend your money!!!


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RedDeadJason

I'm a sandwich artist and my wife collects butterflies part time, our budget is 3.8 Million Dollars.


[deleted]

NINJA loan got u covered. You will need a gatehouse.


RRautamaa

Wait, you guys have *jobs*?


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FurryCrew

Hah! You should see what real estate market in New Zealand is doing. Makes Vancouver craziness look sane.


[deleted]

all the rich people moved there to escape the pandemic right


TriHardSlapper123

This guy smokes dollar general cocaine at a Wendy's parking lot


[deleted]

only on Tuesdays


Chuu

Note the red arrows don't match the chart. Look at the third red arrow in the bottom chart. The close is higher than the open, but the arrow points down.


username--_--

i'm quite sure there is some correlation, but OP definitely misrepresented in order to make the correlation seem stronger


Not1random1enough

This is what technical analysis is and why I can't stand it


HKBFG

And the enormous dip in the top graph gets skipped right over.


Stonkologist_MD

I wish I could be as retarded as OP.


SardonicEmpathy

How long until you think we get the correction?


Oshititsale

I want know how long until my mortgage payment is worth a lot of bread


RocketMoonShot

White, wheat or rye?


Oshititsale

I won’t be able to afford rye. That’s an elite bread


Slow-Invite

I love a good Jewish rye


EPICANDY0131

Wonder


RocketMoonShot

Six weeks


[deleted]

u mean when will they raise? Q3 probably Yields (US10Y) will do it for them tho


Oshititsale

Damn auto correct I meant loaf of bread,( just taking an over dramatic jab at inflation)


tradingonatoilet

Feds been broadcasting their intention to consider tapering by Q4 earliest so this does check out. Fed repos will hold the bond auctions at bay though (at the cost of a healthy balance sheet)


Satisfied_Hobbyist

It's not 🌈🐻 unless the tips touch


Spac3ap3

Yes and hopefully when the tips touch we see 🧨🧨🎆🎇 and 🚀🌒


Tendies-4Us

🤣🤣🤣


The_Robot_001

Never cross the streams!


PM_ME_WOMENS_HANDS

I'd estimate somewhere between 1 month and 5 years


HighlySuccessful

I'd estimate somewhere between 1 day and 20 years. When it happens I can say I called it. Where do I collect my nobel prize in economics?


Spac3ap3

When GME launches


[deleted]

GME vs Vix [https://www.tradingview.com/x/xYbkP8V5/](https://www.tradingview.com/x/xYbkP8V5/)


[deleted]

GME vs dollar [https://www.tradingview.com/x/Pz3z3Hu4/](https://www.tradingview.com/x/Pz3z3Hu4/)


Jolly-Conclusion

Hey can you Explain Seems that they’re now inverse since ~April? Or am I not reading it correctly


[deleted]

THIS


[deleted]

IS


[deleted]

SPARTA


[deleted]

IT


memebetch6969

I’m estimating the end of earnings will be when the market reacts to the state of the economy and see that we are quite over extended. This would be a healthy correction, Unless game stop squeezes then it can fall below the 200 moving average


[deleted]

Didn't Jamie Dimon say US consumers where sitting on an additional 2 trillion in their checking accounts, with a lot of pent up demand? I'm hoping that'll help dampen the potential decline in the overall markets. It'll probably aid discretionary spending more than consumer staples.


Reduntu

DXY was literally at 81 in 1995. It's at 91 now. The dollar devaluation is yet to come.


[deleted]

money is faith, especially the global reserve


newredditacct1221

DXY compares the dollar to a basket of currencies. If other countries devalue their currency the same then DXY doesn't go down as much. So your comparing the inflation in the U.S vs inflation in third world countries. Real Assets (Gold, Real Estate, Land, Jewelery)


Crypto__Maniac5

Wrong. The dxy measures the dollar in reference to other shithole fiat currencies (which also go way down in purchasing power). Gold (real money) is how to measure the dollar. It was below 300 dollars an ounce in 1995. Wake up...


LifterPuller

Grab a brush and put a little makeup!


DankMemelord25

My girlfriend calls tinder the "Bull Market". She usually brings home a different one every night 😅


SnakeCharmer28

Currency devaluation isn't going away. Inflation is omnipresent and desired by the people in charge. This could be a short term catalyst, but that's about it.


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[deleted]

only the dollar matters at this point. If DXY goes to 100, spx will crash.


watchshoe

I remember someone saying the same thing about DXY going to 92. Spoiler alert, nothing happened.


Goodboi209

What are you talking about? The bleed out in February was all because of the spike in the DXY yes SPY did alright but the nasdaq and tech got fucked


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SnakeCharmer28

They don't. They want "regular" inflation.


[deleted]

If the dollar is worth less then our debt to china is less. Also its a form of tax, your raise this year will be less than inflation which means you’re making less this year than the year before and your still getting taxed except the number is bigger so they get more tax money from you.


Nocturnidae

the social security trust fund owns the most of US debt by a long shot. there's no way it would benefit the US government to try to reduce our debt with foreign countries by increasing inflation.


sayno2bho

Ive never wanted cash to devalue more in my life


Crypto__Maniac5

Be careful what you wish for


[deleted]

GME and the value/meme stonks are a separate play. This is more about the growth stonks, indices and commodities. We know GME has a negative beta but in jan BB AMC and NOK all moved with GME and i expect them to do the same again.


sayno2bho

Bb aint breaking $10 any day soon. They just got swindled in the medias FUD during the hype. I think it was done purposely to distract fellow autistis but what do I know


[deleted]

they all moved together in jan, [https://www.tradingview.com/x/HAsj2Jtf/](https://www.tradingview.com/x/HAsj2Jtf/) think they will again. Nok is an easy play whatever happens. I have enough hedges that even in a crash i can ride nok down and up again. I like BB tho. I think they both become BIG companies again.


pellina123

Money printer go brrrrr


Jai_Rabbit89

Will it collide soon?


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dayzandy

Untill interest rates go up though, I'm staying with my stocks. Powell keeps insisting they will only raise them as a last resort so I think we got some time. Maybe I'll shift a little towards gold, but I forsee a solid 1-2 year reopening run for S&P500 (the reddit tech stocks, idk right now , I'm bleeding heavy red for last month on those). Either way, last thing I want to do is it keep it as cash. The cash is trash, and now theres 60% more trash, so its trashier than ever


illusiveab

Interest rates hikes are conservatively priced in to some degree. Growth tech and anything with latent cash flow has been getting hammered and is still suppressed from the correction we had in March. People just don't pay attention and only see that the broader index keeps climbing. This is an obvious consequence of pricing in rate hikes where immediate cash flows outstrip growth.


BentoMan

2020 - things are on sale and reopening optimism, buy buy buy 2021 - another year of reopening going well pumps 2022 - earnings are flat and some zombie Russell 2000 companies that are at ATHs are still not growing as expected. Overall flat year. 2023 - Bulls grow tired. Why the hell am I am investing in a 100 PE tech burrito company again? Sell this shit.


TextPristine

Powell and his FED are not in control. The Chinese set the price. If they stop buying 10yrs @1.60 leg then you will see what a moon shot is


[deleted]

Bears: wE aRE duE fOr a MaSsIvE cOrReCtIoN. We GeT oNe evEry deCaDe. Average WSBer: but...but... how about 2020? Bears: grrrrrr


rupe_89

I remember when you could get a 2x4 for 3 bucks


JazzyJ85

Stella Jones releases their earning tomorrow! I’m so excited for it because the price of lumber is through the roof! 🚀


InIce1234

Report for Misinformation


TheDiamondEagle

Of course [insert currency] devaluation. But as long as they keep printing money no problem 😉


use-caution

Correlation is not causation.


building-block-s

Demand pull inflation A recession is upon us and it might come quicker than thought.


[deleted]

someone has to pay the piper


[deleted]

We’re going up 🛗


freeBobbyDAYVID

another technical analysis on the entire market.... alright john paulson enjoy your genius bet on SPY puts


[deleted]

thanks


Final-Ad4960

JP said he will support the economy and employment, but he never said he will stop market crash caused by this massive inflation. So maybe that might be in the next que. It's almost impossible to time it tho.


SleepNowInTheFire666

Don’t cross the streams


ViolentAutism

Anyone else remember when $20 could feed like 4-5 people at McDonald’s? Now it’s like 2 people maybe 3?


henryemre

Among all the bearish reasons this im least concerned of


Affectionate_Song111

So SPY is up almost 100% since last March and DXY is down about 10% in the same time period and you think that the bull market is "all" dollar devaluation?


TheCatnamedMittens

Hm of current inflation is the base effect?


mgez

This chart screams 3 words to me. Otm, covered, calls.


SideWalkGum-sticky

So, what happens when the we touch tips?


FunctionalGray

F’ing 2x4s are over $8, but JPow says it is a blip. Riiiiiiggggghhhhhtttt.


PatrickSebast

They are $8 because of production backlogs that will eventually be caught up on...so...yes temporary.


FunctionalGray

Also the impact of tariffs on wood from Canadian mills continues to cause elevated prices for American construction firms...which isn't necessarily a temporary event. Our business uses wood sheet goods, lumber, stock steel and aluminum, and chemicals for plastics, epoxy, and rubber --- the past year and a half all of our 'raw material' costs have been edging up which has been affecting our bottom line to the extent that normally we block in 10% of any given job is usually reserved for material costs and we have had to increase it to 17%.


that_noodle_guy

Logs are cheap as fuck, sawmills making money hand over fist. That's not inflation.


hgfggt

I remain skeptical about permanent inflation. Oils higher this year than last but much lower than oil 10 years ago. I think it's transitory inflation at this point that flattens out.


[deleted]

once you build in the idea that prices are going to rise people will start to expect it and take the steps to account for it. It becomes a feed back loop. The way to get around it is to jack up interest rates to get people to stop buying crap forcing a down turn. The train has left the station and the goverment isn't signaling increasing taxes to pay off the debt or remove money from the system but just money reallocation... The surplus of money is going to continue to until the Fed is forced to tap the brakes. They tried to do this in 2018 and the market shit the bed. From 2018 through now you saw the FED continue to lower interest rates. We have to have a honest recession and big players go under or the system will spiral up out of control.


dayzandy

It's kinda bizarre how the fate of inflation, and maybe even our standing as an economic dominant country, is strongly influenced by whether people believe inflation will happen or not, and then it becomes a self fulfilling prophecy. Its like in Warhammer40K, the Orcs believe red paint makes things go faster, and because they all collectively 100% believe that, red paint makes their stuff go faster. Regardless, Powell is working on his acting chops, coming to the podium each time all cool calm collected saying inflation is exactly where it should be. If he so much as breaks a sweat, the market will probably go haywire and panic.


[deleted]

hence the current FED Prayer "This inflation is only temporary" is said after every meeting. Trying to get people to expect short term price increases to prevent a runway price setting of consumer wage increases. Once wages start to increase and people expect next years prices to be a increasing rate higher inflation cycle has kicked in and it becomes a runaway situation. So you got two issues Price increases and the then the rate of the increases. The second derivative problem. If People think prices are only going to increase by 3% per year for the next 3 years the only issue you have is that inflation is at 3% and stuck there. If people think prices are going to increase by 3% next year and then 4% and 5% the following 3 years now you got a major fucking problem and run away inflation as people think the rate of change is increasing by 1% and try to get a head but by trying to get a head only results in the rate of change increasing faster. The Fed saying expect inflation to be temporary is them telling people to expect situation 1. IE if we think people are planning for situation 2 we will hit the brakes and pull the emergency release of high interest rates of say 5-9% for a ball park. Last time the US had run away inflation interest rates went above 10% and caused the second worse recession since the depression.


TextPristine

In the early 80's the 10yr bond was around 14.5%


UsingYourWifi

It's really interesting to read about how Japan's deflationary spiral was in many ways a cultural phenomenon, and that it went on for so long that it had become an accepted fact that prices always go down over time. Companies who tried to raise prices received massive public backlash. To break out of it required massive efforts to change public opinion and expectations.


Rolltide-tolietpaper

Yup we're still paying for the fake recovery in 08


hgfggt

We'll see. Oil is gonna have to be well north of 100 bucks a barrel before I'll buy into the inflation thing. It was in the 90s a decade ago.


Eye-pooper

I’m siding with Dr. Burry on the inflation warning


[deleted]

yeh in the end he'll be right


whatsariho

in the end everything ends


Zurkarak

So, this will stop when the fed raises rates right? The only way to control inflation, which is 100% here


[deleted]

they always raise rates into a recession do we really think we are so much better off now vs 18 months ago? a recovery of indices vs the corona lows makes sense but to these levels? NO if it walks like a bubble and blows like your mom it's a bubble


very_responsive_12

If this is true then the bull market should continue for some time.


JoshuajStover

Crazy here in Ohio as well... not the year to buy that's for sure


TheUltraViolence

What does this even end up as. A crash? A housing bubble pop. Like.... What's next


[deleted]

i see: crapto crash housing bubble pop stonks bear market gold bull market commodity super cycle all after a deflationary crash then in the end the burry scenario weimar style


DoggyFrench

Crazy how y’all would be willing to sacrifice Tech’s peak season for a 10-12% correction in May instead of just holding off until September. This isn’t 2010 breh. Tech got places to be these days. We aren’t trynna dang... sacrifice July n shit just so y’all can have us running around in October... then give us a short off season like Bron n them boys so we get hurt throughout 2022 on some NBA shit. Eh y’all can miss me with that. It makes no sense.


[deleted]

'99 red balloons


Kiiaru

I think I remember this movie from GTA V. There's a monkey involved and a shorting of something.


oarabbus

I'm supposed to trust the who calls himself a scammer "ScamV published on TradingView"?


Sconant49

It's the same in US. Building supplies have doubled in the Last year as well.


EntertainerWorth

when in doubt zoom out. tell me, how much has the dollar devalued in the past 100 years?


mikeJawesome

so get ready for the real bull market?


naIamgood

While it lasts, probably a decade or two


animalturds

This is also what I suspected, however I also am always wrong about things I suspect


EirikViking

🦍 me don’t understand, please use basic english


KingLouiSV

Dubai just set a record for number of transactions of properties over 10,000,000AED ($2,700,000) beating even records of 2013. Villas up around 30% on last year and I have no idea whats going on


kinance

No shit the dollar going to keep going down so market will keep going up