Breaking: Stock market crash incoming (Update :sadcam)

[Ed MOTHERFUCKING G]

.75 off the cuff would be inshane

Expect we could see 125bps by year end now. Thank God.

 

[Ed MOTHERFUCKING G]

From my rates analyst's report this morning:

Fueled by talk of a recession, the chance of a 50bps rate cut at September’s meeting increased as well (from a 10% chance last week to a 92% chance today). Although the December meeting is a long way away, some market participants believe there’s a 24% chance that Fed Funds will be cut by 150bps over the remaining three meetings of 2024.

Rate relief is finally coming. This correction is well needed

 

[Kornball The Conqueror]

 

[Arithmetic]

Dramatic

This dude always animated

 

[Geek Nasty]

This has been an atypical cycle. I dont think rate cuts are going to do shyt for regular people. Just make money cheaper for the rich which is why Im suspicious.

Powell‘s whole doctrine is ending the Fed Put so the stock market dropping doesn't mean an auto cut anymore. fukk Alan Greenspan btw

 

[In The Zone '98]

Dramatic

Relax, professor. Lol.

 

[Piff Perkins]

That is an insane overreaction…

Best we’re looking at is 0.5 in September…

Agreed. And this started with calls for that type of over reach on Friday, after the jobs report dropped.

Interest rates will be cut in September. Sunday/Monday market events have nothing to do with the jobs report.

 

[Ed MOTHERFUCKING G]

Agreed. And this started with calls for that type of over reach on Friday, after the jobs report dropped.

Interest rates will be cut in September. Sunday/Monday market events have nothing to do with the jobs report.

But both are indicators of economic health and influence the next three fed meetings.

I'd expect
-50 bps in September
-25 bps is November (the election is literally 2 days prior, they'll be very conservative on any indicators leading to it. They could stay the course)
-25 bps in December but we'll know much more between now and then

 

[beenz]

getting straight hammered today. and last week

I got a little cash, probably start buying shyt on sale soon.

 

[Saysumthinfunnymike]

if you bought the dip on the QQQ this morning it's up 400 points from the bottom at this current moment. We'll see how it goes the rest of the afternoon

 

[beenz]

So far -$605 today in my investment.

I've been investing long enough, this shyt doesn't even phase me.

like they always say. "it's not about timing the market. it's about time in the market".

realest shyt I ever seen. I don't get emotional about fictious unrealized gains or losses.

 

[Saysumthinfunnymike]

getting straight hammered today. and last week

I got a little cash, probably start buying shyt on sale soon.

shyt ain't even on sale right now to be honest... Look at the charts

 

[beenz]

shyt ain't even on sale right now to be honest... Look at the charts

I'll just stand pat

 

[Arizax2]

My qqqm and took a massive hit. But ima buy the dip anyway.

 

[IIVI]