umm...do you realize the fed has been doing QE and 0% intrest rates for like 12 years?

fed was pressured early not to raise rates by Biden admin, didn't want stock market to fall after rising under Trump. Put 2 and 2 together. If you voted for this, you should be exiled.

we barely had any inflation or inflated energy under Trump, barely any. It's called management.

You idiots could simply look up quotes by Janet Yellen (and yes, you **** voted for her as well essentially, great job goys). Why don't you turds actually figure who runs things, bitches.

Yes. So we all agree both sides have done it. And I certainly did not vote for it.

If you are a political zealot/lunatic you should be beaten with a hose till you realize neither extreme figure is good.

Not imply you are. I’m just fuking sick of kunts running around acting like their favorite political man is perfect. Our system sucks. Neither side seems to do well at keeping balance. Arguing politics is useless. Neither side has a perfect solution for the masses they just try to appease 51% of the country at the expense of everyone else. I think we are diverse enough as a country now that this does not work.

GOOG can suck my fukin nuts. What an absolute cats breakfast of a chart on that pile of steaming dog shiet.

Having said that, might buy more.

Yes. Both sides have done it. But democrats are FAR worse and it’s not even debatable.

Yeah, we've had close to 0 interest for a long time.

Off the top of my head (feel free to google and correct me), we had QE at some point after the 2008 crash, but they turned it off. It wasn't on super long, and not as aggressive as 2020.

In 2020 QE turned back on again and withway more aggression than whatever they did in 2011/12/13.

Low interest rates can cause inflation. But QEreally causes inflation.

Market probably moved based on his remarks (less than optimistic).

This is Biden's America. This economy will crumble under the empty suit that is Biden. Rob2Park**** and CarbonBeta wanted this. They deserve this.

Bruh why you so mad I’m your moms favorite conservative miscer. Is it because I mog you in every way imagineable and even though you wanna be me I deny you? Hop of my kawk and get some money to buy puts and learn to trade like the rest of us.

My WBA puts doubled today
F puts were pretty meh
My SMR puts did well- the $12.5 are almost ITM.

I shouldda left my CCs on sofi in place but it’s not a big deal. Trying to decide if I want to get assigned some shares with CSP or if I just want to try and wait for a more certain bottom.

Tempted to start accumulating DMS warrants again for the buyout offer at $2.5 I just don’t know if the party offering can back out if they don’t get the necessary financing in place and idk how hard that will be with market conditions and interest rate hikes

Yeah the market moved based on the hawkish forecast, 0.75 next meeting and 0.50 after that is now the expectation and I think it was previously 0.50 and 0.25.

The median among Fed officials is now hitting 4.4% by the end of the year and 4.6% next year but there’s a wide spread of opinions about what happens in 2023.

0.75 is all but locked in for the next meeting unless something dramatic happens, there was only one dissenter and every other Fed official has another 0.75 coming

Do you have memory loss? Trump plowed in cares act on top of fed going max QE and 2 years of 0 percent fund rate. Cares act directly went to average folks handing free money which caused even bigger demand this causes INFLATION... (this was not his fault no matter who is in power had to do this)

Plus did covid happen or not? Where world shut down and opened can of worms on geopolitical issues. Suddenly global economy is not close as it was thought. Those computer chips are not easy to get as they were etc Supply chain issues went out of whack.

This opened door for de-globalization.

Covid was the thing that derailed 40 years of friendly monetary policy of free money that allowed companies that turned no profit for 20 years to prosper.


Amazon turned profit when?

Tesla the best example turned profit when?

What was Elon doing since 2009 on verge of bankruptcy suddenly comes in this amazing free fed money (which is your tax money) handed to him on platter and guy becomes richest man in world.

Funny how that works doesn't it.

You hand free money to rich and they create huge gap between rich and poor creating even bigger income inequality. How riveting.

Now no matter what party is in power they have the exact same problem now called populism....wealthy 10% own everything and the gap got even bigger after covid.



That kid that will graduate college in 2-3 years will not be able to afford house.

That same kid will demand government does something about. They will vote in who ever will promise them tax cuts / help etc.

Hence here comes first time home credit tax...(this creates inflation)



This is what 40 years of friendly monetary policy looks like.



Fed funds rate.

Greatest bull run in you life time happened from 2010 to 2020.

Until covid happened which could been excuse really for Fed to go time for music stop once you realize there is no hope in hell to pay down national debt.

75bps wasn't the problem.

Market priced that in. Market has priced in 3.5% Fed fund rate till March next year actually.

This was the problem.

Huge revision compared to June fed meeting.





Plus you had major phuck up.

Where everyone in market was expecting August inflation to come in 7.8-8 percent.

They all thought great crude is down / Energy is big component of CPI.

Hard to say. I got fukked on both calls and CSP during the drop and I had 15 $17.5C that were leaps for jan 2023 and I had 20-30CSP at various points. Net option gain has been $4,660. I've gotten assigned 1,900 shares and I'm down close to $13,000 on them as of today.

5 minutes of your time.

this guy almost had heart attack today.

My chit is a mess. I lost like $5k on those $17.5C alone. I had to keep pushing my CSP out further and further taking losses along the way until I managed to unload the last of the October ones when shares spiked last earnings and netted $2k which almost erased the losses from CSP gone bad. I started selling the puts at $15/share so I did fairly well at unwinding/defending my positions. So net loss on 1900 shares is still $8,000 or something. Tbh I still think very highly of Sofi and am going to be increasing position closer to $4. I'll do the same thing I've been doing and I'll sell $4 CSP-- March $4CSP for $50 doesn't look bad, but I might wait till closer to $70-80 if possible and go for 10-20 contracts.

lol poor guy - was a good watch. fuark, maybe cathie wood was right about deflation risks.

Oh well, weather it out and this time next year QE will be turned back on.

Old fella watching his retirement fund disappear 😅

As chitty as these sell-offs have been, if you're not DCA'ing you're not going to be happy when we run up to ATHs again. The fact of the matter is that assets will appreciate even though we'll be in a recession. It's weird times.

a.k.a the sling-shot move up is imminent

For once I agree with venom

Those EUO calls absolutely printing. glad you are back to making solid gains

All currencies crashing right now. Didn’t think it would dump much more but could be another 2-3% red day coming at this rate

GBPUSD flush and halt is super phucked up.

British pound went to levels back to 1985.

There is some serious currency issues going on.

Bye bye Britain


https://www.reuters.com/markets/euro...us-2022-09-26/

Who woulda thought the consumer coin (USD) was the strongest coin

most people these days are saying to stay cash but these dips are nice. likely to see even lower after earnings?

So much for the people who were saying the USD was on its way out as the ww currency for business.

Might throw 50k into chit like QYLD, JEPI, etc since 100kish is just rotting away in my checking account. Might as well grab monthly dividends. Someone tell me I'm not stupid.

Rest of the world is in much worse condition than here.

That being said.

Since everything is manipulated these days.

This might come around again.

https://en.wikipedia.org/wiki/Plaza_Accord