Breaking: Stock market crash incoming (Update :sadcam)

ORDER_66

The Fire Rises 2023
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:lupe: wtf tweet said something about Large brokerage firms computer systems crashing themselves.... :wtf:
 
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Inflation is still too high. Companies have not relented on prices yet. Also, I have a trade against rate cuts in September.
They aren't going to. The fed impact on rates has been implemented enough. This pullback and the job report is evident of as much. We need consumers to be able to borrow in order for the economy to stabilize, and for spending to continue...employers are not lowering prices...they're cutting jobs instead. That is making things worse and can actually cause stagflation.
 

charknicks

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I was finally able to get in to Vanguard about 10:30, but the phone app was down. I had to use a computer. Of course by then, some of the prices had bounced back up some.
 

chineebai

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bitcoin tanking also

There are some strong names even today, like JNJ, AMT(people still need cellphones )
 

RehReh

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I remember my father telling me the House always win

The only thing I ever saw worth investing in was Copper (don't ask me why)

*restarts Bloomberg subscription*
 
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