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DYTTIGAF t1_jea3sa6 wrote

BX just told their investor group the Federal Reserve isn't stopping their rate escalation until late 2024.

Do you honestly believe they would waste the equity of 9 rate hikes in just over a year to reverse course now?

Dumb and stupid is no way to go through life.

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old_shows OP t1_jebk85l wrote

“Blackstone Inc.’s Jonathan Gray expects the US Federal Reserve will raise interest rates to 5.25% to 5.5% and will then hold there an extended period of time, despite emerging signs of slowing inflation.”

…“While the firm expects an inverted yield curve and slowing economic activity this year, the world is in a ‘much better spot’ than during the 2008 financial crisis, Gray told a Hong Kong audience at a Webinar held by the Hong Kong Academy of Finance on Thursday. ‘It feels to me more like what we experienced in the early-2000 period where we had technology stocks that had run up too much, we had a Fed-induced slowdown that ended up being shallow and we then came out of it.’”

From Bloomberg, 2-16-2023.

Again, fucking read dude. You’re the worst kind of stupid. There is no winning with someone who is both arrogant and dumb. I sincerely hope that when the world inevitably presents you with incontrovertible evidence of your own idiocy that you possess the self awareness to internalize it and be humbled.

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DYTTIGAF t1_jebr485 wrote

What's the problem Princess. Do you you really believe an inverted yield curve that predicted every recession for the last 50 years is going to be beneficial?

You only have 120 Karma. You have 9 posts about watches and 1 post on WSB. What are you some paid hack for this stock?

I can tell by your persistent disregard for reality and facts you're pumping this stock. You're such a lightweight you don't have enough brainpower for me to block you.

I will just let you be. Sucking your thumb.

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old_shows OP t1_jed06m5 wrote

You’re still yet to make a single coherent point. Bragging about how much time you spend on Reddit and WSB is so myopic that it’s sad.

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DYTTIGAF t1_jed1d84 wrote

Look at you coming back for more abuse. You're such a narcissistic twit.

You so uneducated you can't swallow what was said and points made because they went over your head.

You sound like the sales twits that work for me. Go back to looking at watches, blow drying your hair, and dreaming of a Porsche.

Geez. You're a cliche. Go work for another 20 years and get back with me. You're wasting my time.

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