Breaking: Stock market crash incoming (Update :sadcam)
- Thread starter newarkhiphop
- Start date
Scustin Bieburr
Baby baybee baybee UUUGH
I will
I have some stocks that are holding strong and others still going up.
The future is in renewables, power efficient computer chips and lithography.
Let it fall further. I'm going on a spree
Dips?
So what did you buy?
So what did you buy?
Unemployment is still considerably low. The amount of people claiming unemployment benefits is relatively low. Core PCE is creeping up again. CPI year over year is 3%. Average hourly earnings is still in the green. Credit is still flowing and accessible.
There is no reason for the Fed to intervene at this moment because the economy is still stable. CPI is not anywhere near 2%, which the Fed said is their mandated benchmark for inflation. I can’t see the Fed doing anything without more data that supports lowering interest rates.
Getting super fukkedWhat about our crypto???
401k is getting fukked
unless you plan to cash out anytime soon, what’s wrong? I took the pedal off going up a percent each year. Once this bytch crashes, I’m boosting it to almost max off rip if not max.
Insensitive
Superstar
A little blip on the radar.
Im not gonna lie. I had EUR/USD open all day and didn't even know there was a "crash". 
Piff Perkins
Veteran
Who called it? I called it.
Well, the fed is literally indicating that is not the case, themselves, in all recent statements. And the bolded is quite false. Banks continue to have tighter lending standards, multifamily and CRE is virtually dead, I don't know a single bank who is taking investment re deals right now, and pricing is incredibly restrictive because of how high rates are.
I wouldn't say the economy is UNSTABLE but inflation is not going down because prices have stayed up, because the cost of goods have stayed up... because the cost of borrowing / renting / leasing has stayed up. There is no relief. A rate cut is the answer.
Regarding jobs, I don't think there is an unemployment problem but hiring is slow. And, first time unemployment starts (my #1 indicator of joblessness issues) is not improving
Most recent report
This is happening. September should see a rate cut and this sell off is leading it to seem more like 50 bps rather than 25.
Black Mamba
Superstar
Pump faking ass economy
It moves different. Not even in the same category. Normies haven’t grasped it yet.What about our crypto???
I mean let’s be real imagine not being able to protect your position the instant the market drop
waiting on an institution to “allow” a transaction 
“sorry we closed the markets“ foh
cyndaquil
Lv 100 Bold natured
Prices don't go down. Inflation is a measure of how fast prices go up. What you're talking about is deflation which is bad for any economy. Inflation is in check now close to the 2.5% the government sees as a healthy amount year over year.
The prices are not the problem the issue is the wages have not kept up with inflation. So this strains the middle class and below.
Anyone who owns majority of their wealth via assets like stock, real estate,certain crypto etc. Has seen their wealth rise past inflation.
We've seen companies raise wages at the bottoms rung like fast food workers, waiters, grocery store workers etc.but the cost of those wage increases were passed along to the consumer. Strongly linked to the middle class jobs like teachers, accountants, etc. Have not seen the necessary wage growth to keep up with Inflation. Hence everyone who isn't rich feeling less wealthy than they did 5 years ago.
Breh, the Fed doesn’t give two shyts about CRE. These people over levered themselves when money was cheap to borrow and got in over their heads.
People who bought residential homes when you could get interest rates at 2-3% aren’t selling, causing supply to shrink currently. Even if the fed lowers interest rates, it won’t be lower than .25 first round, and that won’t help homebuyers much.
Banks are still taking investment deals with 20-25% down and if you have collateral. They aren’t just lending Willy nilly like before. There is no credit crunch for responsible borrowers.
Put your account where your mouth is. If the fed doesn’t lower interest rates in September, accept a ban for 90 days. If they do, I’ll take the 90 day ban.
