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VisualMod t1_jacfz2i wrote

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Total Submissions 2 First Seen In WSB 1 month ago
Total Comments 1 Previous Best DD
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1

Surlax t1_jacgd4j wrote

Guess my calls belong to Wendy’s dumpster as well as I do

15

Ennkey t1_jacl59a wrote

Please just give me one big fat straight up 4% hike to 10%, stop fucking with me

243

locoturco t1_jacroxo wrote

Bofa needs to buy cheap stocks, that's how i read

21

Asleep_Emphasis69 t1_jact8k8 wrote

You gotta pump those numbers up. Those are rookie numbers in this racket.

19

maceman10006 t1_jacvfub wrote

Fed also may raise to 69.420%. We all can make predictions to

8

Dozekar t1_jad2hzy wrote

Replying to RationalOpinions (#2,102,855)

They don't have the balls to raise rates above the projected inflation rate.

They're still printing money just slower.

img

​

edit: For the non-doomers think about that. Your savior the fed with his soft landing won't even raise rates to match inflation. The economy is so fucked that they can't turn the inflation pump off or you all crash.

GLHF.

69

Dozekar t1_jad335d wrote

Replying to BugTotal6212 (#2,103,480)

If they intended to do that they wouldn't have already lowered the rate raises. They know the political government will start tampering with them again. As soon as they got whiney they slowed the rate raises.

​

There is no way they're ever controlling inflation, they completely blow that out of the water with the 25bps hike.

1

KuntFuckula t1_jad67c0 wrote

I’ve been saying for awhile that we’re going over 5.5%, the market is just now figuring this out.

0

Jerund t1_jad9bzz wrote

Q3 2023 recession predicted by BofA? BET. Imma buy puts now to save y’all.

3

TingleyDinglies t1_jadc8qe wrote

Just bump it to 8 or 9 and get this shit over with already

54

Rim_World t1_jadj4jj wrote

You know who else called this... Last year... Me

3

Cautious_Dimension81 t1_jadnr5y wrote

Bank of America 🇺🇸 is not one of my picks for stocks. Thanks anyways.

2

I_Am_Graydon t1_jadtx3n wrote

Every time we've had inflation, it was vastly underestimated and it stuck around much longer than expected. I think we'll see the same thing, and it will culminate with a Paul Volker style Fed-induced recession once they decide to quit fucking around (which is exactly what they're doing now).

8

RockyattheTop t1_jadul4b wrote

Replying to I_Am_Graydon (#2,117,757)

I think at some point Powell gets booted as chair. If inflation is still bad, welcome in Chairman Jim Blaze aka Bullard. First press conference only one sentence will be said, “Fuck your calls” then he mic drops and walks off the stage.

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BooBeef t1_jadwdrw wrote

Counter argument: They might not

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rick22551 t1_jae9e7z wrote

What does this mean for us poor people?

1

Alpacalpa t1_jaewn7y wrote

rates could also go to 20%, or 2%, or 10%, or 1%

2

[deleted] t1_jaewwqp wrote

The Fed is obviously trying to create a recession. They don’t want a “soft landing”.

I’m convinced it’s all a scheme to drive salaries lower.

1

Jabroni_16 t1_jaexjrz wrote

Do the 12% he wants to be at and let’s get it over with.

1

krccommerce t1_jaf0ung wrote

Replying to [deleted] (#2,132,337)

I have never posted in wsb but this post is right. Capital does not have its foot squarely on the neck of labor and it will drive the economy right God damned down until it does. BET.

You peons will get your ass back into the office or else.

3

SilentPhanto t1_jaf23xa wrote

Wtf I just took out a 5% 18 month CD today. 😭

1