Economy Bad = Moon?

Submitted by RockyattheTop t3_z917t4 in wallstreetbets

So here’s something all the Bulls are going to have to deal with. The Fed has gone from Doom and Gloom to cheerful in the course of a month. What also happened during that month? FTX bankruptcy, Credit Suisse, Britain bailing out pension funds, bad earnings data, and even worse forecast. So why are they changing their tone? Because they still need interest rates to go higher because housing hasn’t come down yet. They need interest rates to keep going higher so they can get that back to reality. If the market was to crash day before the end of the year, then they couldn’t get rates high enough to bring that back in line. They are being more cheerful because they can’t have the market crash yet, and they see the data and know that’s not far off. So make some money in the short run everyone, but this bear market isn’t over. Keep putting some money in savings …. Or Yolo puts/calls. Whichever fits you more.

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FewCelebration6809 t1_iyejmye wrote

Most sobering & realistic post I've seen all week. Why do people of this subreddit have to identify so much with being a bear or bull? Be a "switch" and make money! :)

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RockyattheTop OP t1_iyenmnd wrote

Couldn’t agree more. I’m bearish for the next few years; however, I’d switch on a dime if Biden and say Xi held a peace conference for Ukraine Russia, and then it leaked they were sexting each other thus diffusing the US China time bomb. Now to be clear that’s not going to happen, but I’d do it. I think part of the problem on this sub is everyone is speaking different time frames. You can be a bull today and make money, but also be holding long term puts because overall you think the markets going down.

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VisualMod t1_iyee25i wrote

>I completely agree with you that the Fed's recent change in tone is due to their need to keep interest rates rising. However, I believe that the market is still at risk of crashing before the end of the year. The data suggests that a crash is coming and I think it would be wise to put some money into savings just in case.

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Alexa_is_a_mumu t1_iyeous7 wrote

Dude even your shitty DD is already priced in😂😂. You know that "pivot" everyone have been talking about for months, well it's happening so better jump aboard this train or get left behind 🚀🚀.

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RockyattheTop OP t1_iyep6oi wrote

We’ll see. Hope you’re investing in canned beans and cardboard boxes.

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Alexa_is_a_mumu t1_iyeroin wrote

Sure Dude waiting for Jay Powell to show up with the words PIVOT written on his forehead🙄. What goes down must come up and vice versa.

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throwawaybrokenh34rt t1_iyf62jr wrote

You think what we’ve done over the past year is the correction down? Bro S&P is basically up 470% since 2009 and almost 2000% from 1990.

QE infinity and the exponential growth of the past 60 years has absolutely fucked us.

There is nothing tying the USD down. It’s the WRC.

All this money is fucking credit. We got 30 trillion in debt and less than 5 trillion in revenue.

True interest expense is already 110% of tax receipts.

Fed is fuckin bankrupt dog. There’s no fucking liquidity. There in a triple loss position.

Stop printing money? Fed defaults. Raise rates? Sovereign Governments default. QE? Inflation rips higher.

Murphy’s law about to hit bulls hard.

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blutch14 t1_iyf9odh wrote

Spy to new ATH, bears be coping

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flannel_jackson t1_iyelyno wrote

Lol what a stupid fuck.

Lots of you dickless disciples of douche who discovered stonks during the meme age are going to learn the tough lesson that being a bear isn’t like being a bull. They aren’t two sides of the same coin.

Good luck bears.

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RockyattheTop OP t1_iyemtay wrote

Ummmm hate to tell you but the “meme age” would be something Bulls did … you’re point is highly regarded

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flannel_jackson t1_iyeo5zw wrote

That IS my point. So many here are treating the bear market like an inverse bull market.

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RockyattheTop OP t1_iyeorik wrote

Now I understand. Sorry not regarded, I are regarded.

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Chgralac73 t1_iyek5wo wrote

read up on Zimbabwe. country in shatter the stock market always rising

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RockyattheTop OP t1_iyen3tz wrote

If that happens here there wouldn’t be a country. So many Americans have been told the market is good when economy is good. If they all in mass realize the market is made up there will be revolts.

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