Do you know why the Chemical stocks have been getting killed last couple of years? IIrC a few of them popped a bit a couple of months ago.I made a risky buy yesterday. LYB has a high dividend yield but I don't know what their future is.
I’ve been mostly in stocks, but in the last year I’ve started dabbling more in crypto because it feels like there’s a lot happening that you just don’t see with traditional assets. Tried a few web apps and trading bots, and honestly, having automation takes a lot of the emotion out of my buys/sells, especially when markets get wild. Main thing I care about now is security, since getting rugged is a real risk, and being able to set advanced orders or use copytrade features is super helpful.
Only 3 I’m serious about. Bit, etherium, xrpSame here. I'm ready to dabble in crypto. Any suggestions?
Make sure you set loss limits.Same here. I'm ready to dabble in crypto. Any suggestions?
Big shock? Getting Powell out will electrify the market.Jfc gulag'ing the fed chair over building renovation cost overruns not bullish. It's a big shock
Sarcasm. Does look like mkt whistled past the news in regular hours after the futures dump.Big shock? Getting Powell out will electrify the market.
Maybe, but Trump doesn't play nice with anyone.Sarcasm. Does look like mkt whistled past the news in regular hours after the futures dump.
His term as fed chair is ending soon anyways. Trying to jail him for cost overruns, which is ridiculous to be clear, will make confirming a new chair that much more difficult, and Powell has the option to stay on the fed board through 28 as a regional governor.
If the ultimate goal is to remove Powell's influence from the fed board, in favor of a board aligned with Trump, this is not the way to go about doing it IMO. Would have been better to play nice with him as his Chair term expired in exchange for Powell stepping down from the board seat at the time his charmainship ended.
Fair to wonder about the 50bps move before the election, but Powell's fed has cut rates 5 times since Trump won the election, including at the last 3 fed meetings. Who knows, it could all work out, as the DOJ investigation of Powell IMO makes it more likely Waller is Trump's pick for fed chair, which I think would be the best pick over Hassett or Warsh.Maybe, but Trump doesn't play nice with anyone.
Rates in the EU, Canada, China and Japan, are all much lower, while this clown 'Powell' is keeping rates artifically high, why?
Right before the election he dropped rates 50 basis, why? To help Kamala?
He's full of **** and has lost all credibility with me.
Waller, would be good.Fair to wonder about the 50bps move before the election, but Powell's fed has cut rates 5 times since Trump won the election, including at the last 3 fed meetings. Who knows, it could all work out, as the DOJ investigation of Powell IMO makes it more likely Waller is Trump's pick for fed chair, which I think would be the best pick over Hassett or Warsh.
Yeah Waller is my choice, because he called his shot with the tariffs and said they shouldn't change the fed's cutting trajectory and he was right. Whereas Powell did get the rest of the board to pause until the last 3 meetings. Warsh is full of ****. If the fed had done what he wanted back during GFC it would have been a lot worse, and now he is captain of the dovish fed team supposedly.Waller, would be good.
I'm all for cutting rates a lot faster, i think the economy can handle it. The FEDs slow walking rate cuts, has cost me a lot of money. My kids are closing, right now, on a big RE transaction, and it's costing them a lot of money.