Off-Topic Stock Market & Crypto Discussion

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We can beat inflation with a scalpel. We don’t need a sledgehammer.

Powell says we have a long way to go. “Full effect of rapid increases yet to be realize. Oct inflation shows downside.
We need more evidence. Demand has slowed. Moderate increases are coming. We need substantial evidence of inflation downtrend. Housing inflation will continue but start to fall next year. Fed‘s job is to lower demand. Wage growth is above 2% level. Labor shortfall will continue because of aging population. Moderation of labor needed. GDP and wage growth to drop modestly. Wage growth is a good thing. Anticipate moderate increases. We will stay the course”
whew…
Reassuring Jimmy Fallon GIF by The Tonight Show Starring Jimmy Fallon
 
they don't want to cut rates anytime soon so we likely see 5-5.5% by May '23 before they pause for a meeting or two.
 

3000-3300 per Morgan Stanley within 4 months. Yikes.
Spiro Agnew‘s famously said ““nattering nabobs of negativism.”…:roll-canes2:
I guess they’re hoping to get into a cheaper mkt…jmo
 
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Spiro Agnew‘s famously said ““nattering nabobs of negativism.”…:roll-canes2:
I guess they’re hoping to get into a cheaper mkt…jmo
Did you buy Tesla at a much higher price in the last month or two?

Macroeconomics is complex and the FED doesn't exactly have a great track record of soft landings. Thus, I would assume they either keep at it until we have a bad recession OR they pause for too long without cutting before we end up in a bad recession.

Personally, I don't own a ton of equities so I don't have a dog in the fight. When the market is stable and I see a good opportunity, I may consider buying again.
 
CNBC’s Steve Liesman is probably the best analyst on CNBC. Rick Santelli wears his Tea party, anti-tax beliefs on his sleeve.
intelligent but leans on the negative side and too excitable.
 
Did you buy Tesla at a much higher price in the last month or two?

Macroeconomics is complex and the FED doesn't exactly have a great track record of soft landings. Thus, I would assume they either keep at it until we have a bad recession OR they pause for too long without cutting before we end up in a bad recession.

Personally, I don't own a ton of equities so I don't have a dog in the fight. When the market is stable and I see a good opportunity, I may consider buying again.
Yes, but I bought Microsoft, Amazon, Google and Apple at deep discounts. And if we drop to 3000, I’ll buy more.
You just can’t pick a bottom. I’ve seen inflation before, but we are in a stronger position economically. That’s how I base my judgement. And of course I could be wrong. I’m not knocking you.
I think we see lower manufacturing numbers tomorrow and lower payroll numbers on Friday. We are definitely cooling down.
bad means good …right?
 
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Dang you are large tech heavy! Tesla, Amazon, Microsoft, Google, Apple are almost all of the largest tech in the US market.

I'm not trying to pick a bottom. I'm looking for stability in the market, value (market cap to GDP, PE ratio), and expecting some downward projections on profits due to the slowdown.
 
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CNBC’s Jim Cramer urged investors to use the market’s rally on Wednesday to recalibrate their portfolios.

“Use this moment to pivot yourself. Get out of the stocks I’ve been railing against for a full year,” he said, adding, “Get into the stocks of companies that make things and do stuff at a profit and return some of that to you.”

Stocks rose on Wednesday after Federal Reserve Chair Jerome Powell signaled that the central bank will ease back its brisk pace of interest rate increases as soon as December, though he maintained there’s still a way to go before prices stabilize.

Cramer reminded investors that while Powell’s remarks bode well for investors hoping the Fed will engineer a soft landing, it doesn’t mean that the macroeconomic headwinds battering companies’ balance sheets have disappeared.

In other words, investors should still exercise caution and avoid companies that are on the path to continue hemorrhaging cash.

“If your company has just laid off a bunch of people because it’s losing so much money, that’s not where you want to be. If your company doesn’t return capital because it doesn’t have any capital to return, that’s not where you want to be,” he said.
 
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CNBC’s Jim Cramer urged investors to use the market’s rally on Wednesday to recalibrate their portfolios.

“Use this moment to pivot yourself. Get out of the stocks I’ve been railing against for a full year,” he said, adding, “Get into the stocks of companies that make things and do stuff at a profit and return some of that to you.”

Stocks rose on Wednesday after Federal Reserve Chair Jerome Powell signaled that the central bank will ease back its brisk pace of interest rate increases as soon as December, though he maintained there’s still a way to go before prices stabilize.

Cramer reminded investors that while Powell’s remarks bode well for investors hoping the Fed will engineer a soft landing, it doesn’t mean that the macroeconomic headwinds battering companies’ balance sheets have disappeared.

In other words, investors should still exercise caution and avoid companies that are on the path to continue hemorrhaging cash.

“If your company has just laid off a bunch of people because it’s losing so much money, that’s not where you want to be. If your company doesn’t return capital because it doesn’t have any capital to return, that’s not where you want to be,” he said.
Inverse Cramer?
 
Jobless claims down
Personal consumption down
Personal income up
Personal spending even Steven…
 
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