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fishypizza1 t1_iycs48t wrote

Ahh yes you gotta love the market. When JPow says the same thing and mentions no pivot but the market keeps thinking there's a pivot and then complains when there's no pivot.

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captainadam_21 t1_iycx48l wrote

Pivot. The media keeps using that word. I don't think it means what you think it means.

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trymesucka t1_iycqwar wrote

Ya. Sounds good. Inverse yall sheep. Immma be in my Lamborghini sleeping in my bedroom

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420aarong t1_iycr67d wrote

You’re gonna be homeless in a Lambo?

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trymesucka t1_iycrcgx wrote

No imma have it little kid style with a mattress in the middle

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0x11C3P t1_iycw98n wrote

I mean... since he's free to speak his mind during this Brookings speech, he's basically just going to stomp on any hope of below 5% terminal rate like I called last month.

He'll point to continued increase in GDP. Tight labor markets. Markets still hoping in the wrong direction. He might even hint that since GDP increased and looks like consumer spending increased for Q4, inflation is probably higher so 75 bps could still be possible. That things can slow after this DEC meeting since even housing is picking back up. No more midterms to worry about and politicians won't give a shit anymore and will just let the man do his job.

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AlsoInteresting t1_iycs2kp wrote

All those articles wishing for a lower interest rate..

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Alatornio t1_iycw8pm wrote

"You are all fucking doomed" ,..... " omg hes gonna pivot soon"

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Wisesize t1_iycu7cu wrote

And jobs came in higher. Whatever the fed is doing, it's not working.

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PrettyDislikeMachine t1_iyd8h81 wrote

It takes 18 months+ for fed rates to impact the economy.

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Wisesize t1_iyd8tdj wrote

No doubt. But I think there's a group of ppl that says .5 is saying we best inflation but I think it's the start of worse times. A healthy gdp would also not be a good sign

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wsbgodly123 t1_iycvqk7 wrote

Did you say pivot? The same pivot as people were predicting in last fed meeting?

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Klugenshmirtz t1_iycyi3q wrote

Powell: we will raise until we break something

market: we will buy SPY calls until you break something

I get contrarians now, they seem cocky at times, but at least they don't act like regards just to get an xmas bonus

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Celica- t1_iycrir1 wrote

I Mean, inflation rates are not concerning at all! So, why not?

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MrULTRALONG t1_iyd2nwy wrote

J Pow sayed multiple times: NO FKEN DOVISH RATE RISES, ONLY YOLO RATE RISES

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robbinhood69 t1_iydjc49 wrote

in 2020 everyone kept shorting every rally coz "everything is over valued, companies r loosing money and world is ending" even tho jerome kept promising us he will pump markets and devalue currency until we wipe our ass with the dollar

now we keep longing every dip coz "fed will pivot soon" even tho jerome is promising to bankrupt us into spending less money

lmfao

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token-eater t1_iydb2fp wrote

Sometimes I feel like people deserve to lose their money

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