Odd_Explanation3246

Odd_Explanation3246 t1_jad0vca wrote

All of the above points are irrelevant…fed was the main reason why a recession turned into a depression..ben bernake, former fed chairman and whose phd was on analysis of great depression is the only fed person to ever accept that the fed caused the great depression. (https://www.federalreservehistory.org/essays/great-depression)

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Odd_Explanation3246 t1_j6pfruz wrote

So go ahead explain how they actually made that much profit? Literally everything was in red last year except energy stocks..are you telling me they yoloed their entire portfolio into energy stocks? And yes “securities sold but not purschase” means they were massively short..infact they had more short positions than assets under management..

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Odd_Explanation3246 t1_j1onnu2 wrote

Reply to comment by anreies-pretorius in Tesla Tuesday by McLovin-stocks

He might be wrong about tesla but i think hes not wrong about meta..tesla i think still has some room to fall.. meta on the other hand is a great buy at current price imo..people are way too bearish for the wrong reasons and the sentiment/media coverage is at all time low which is when you generally want to buy stocks...their core social media business is absolutely killing it...reels monetization is improving, shopping revenue is up...tiktok downloads were down in us while instagram downloads has been up..even facebook is seeing a rise in montly active users...even things are improving on the metaverse side..quest 2 is currently #1 on appstore...there are plenty of reports of quest 2 being out of stock in areas like miami on twitter so atleast they are doing good sales.(https://twitter.com/_SeanDavid/status/1606748839549063170)

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