561caneforever
Recruit
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The data is bogus.
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Off-Topic Stock Market & Crypto Discussion
- Thread starter Bird4um
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Macro view: We have been way overbought for a long time, as @90scane and I have been warning. The recent economic news has been poor to dismal, and all of the data revisions have been to the downside. Remember how we suddenly lost a million new jobs created?
Yet YTD even after this week SMH is up 22.5%, S&P is still up 13.5% for the year, and the equal weighted S&P is up 8%. It doesnt take a genius to figure out that caution is warranted.
Yet YTD even after this week SMH is up 22.5%, S&P is still up 13.5% for the year, and the equal weighted S&P is up 8%. It doesnt take a genius to figure out that caution is warranted.
Now if China and potentially other economies are tanking far worse, it could be a simple fact of the USA being the safe place to park money. Or we are just getting started on the downward path.
TheEye
Recruiting is about get even better.
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All that stuff that contributed to hyper inflation in the US, was even worse overseas.
But that would be more Treasuries than the stock market
Wouldn’t that prop up the currency giving our economy a lot more run way? International buyers of treasuries allows banks to back mortgages vs treasuries… we just keep off shoring our debt.
It would lower rates and thus inflation, but hurt our exports.
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So yall think the CIA are the creators of Bitcoin now that it is known Satoshi Nakamodo literally means Intelligence Central? lol…
I doubt it was the CIA that created Bitcoin. Ironically- Bitcoin uses blockchain which is an intelligent means of decentralized ledger storage.
This has been in discussion since 2009.
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If it lowers rates, wouldn't that cause inflation due to the bank loans creating money as more people would get loans?
Understand that it hurts our exports.
What will happen in Q4 once the Fed lowers in September?
Cmuri
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Dell and Palantir to join S&P 500; shares of both jump
In the quarterly rebalancing of the S&P 500, tech companies Dell and Palantir were added to the benchmark index.
Had to sell the last of my shares this week for the down payment. Congrats to the holders of palantir.
Momentum is tough to change. Residential RE likely continues to have a lack of supply but unemployment could increase supply just when demand returns after lowered rates.
Stocks- they may drop due to unemployment BUT it is tough to see it tanking if the money supply keeps growing. Millions of people can refi cash out to Drive more consumer spending now that they have massive equity in their houses. They just need to be employed and rates have to drop enough. Of course there are a number of other factors: geopolitical, global economies, election, commercial real estate, more corporate failures…
"moto"
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mr.h
I hate F$U and ND
- Joined
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The economy can be strong and still have an inverted yield curve. We have a unique economic situation….
mr.h
I hate F$U and ND
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@TheEye
From Forbes:
“From here, the Fed has hinted that interest rates are likely to fall. That could lower the recession signal, to the extent the yield curve becomes less inverted. However, there is still some way to go until then and the yield curve’s call for a recession remains in place.
There is still time for negative economic data to come in that could potentially cause a recession in 2024, as the yield curve predicts. Yet, so far, the economic news implies accelerating growth over recent months, rather than a recession”.
From Forbes:
“From here, the Fed has hinted that interest rates are likely to fall. That could lower the recession signal, to the extent the yield curve becomes less inverted. However, there is still some way to go until then and the yield curve’s call for a recession remains in place.
There is still time for negative economic data to come in that could potentially cause a recession in 2024, as the yield curve predicts. Yet, so far, the economic news implies accelerating growth over recent months, rather than a recession”.