Piff Perkins
Veteran
All I'm gonna say is...relax.
Breaking: Stock market crash incoming (Update :sadcam)
- Thread starter newarkhiphop
- Start date
Must be a war coming with Iran
Sitting on some extra cash, so I welcome this 
The Fukin Prophecy
RIP Champ
This is why you park some cash and don’t go all in…This is where real money is made in the market…
We’re looking at 15-20% dip on magnificent 7 which will result in massive gains within 6 months…
We’re looking at 15-20% dip on magnificent 7 which will result in massive gains within 6 months…
IsThatBrothaMouzone?
Superstar
Yup.one of the reasons behind this dip is the polls don’t look good for trump - his campaign is in trouble.
the markets - especially crypto’s - were riding on trump obliterating biden.
it doesn’t help that kamala is about to announce her vp, which is expected to only solidify her momentum and bolster her position in the polls.
another reason, almost assuredly the main one, is the fed not cutting rates last week. big money was anticipating a rate cut, and it didn’t happen.
i don’t think it’s improbable that the fed will issue an emergency rate cut in the coming days.
some people will say the fed is bowing to the market, but it may not have a choice if this bleeding continues.
lastly, one other reason is that it’s the usual manipulation to scare paperhanded investors out of their bags before the bull run.
Didn't Buffet cash out some stock? Think the big dogs plan on buying up the whole dip. Already know I'm finna do the same later this week.
Tres Leches
Empire Business
The Fukin Prophecy
RIP Champ
This has nothing to do with the FED and the US economy, the bank of Japan and the Yen is the catalyst…Basically they were taking out loans in Yen when it was struggling against the dollar…Yen bulked up and now all those people have to pay back those loans…Hence the sell off…
Formerly Black Trash
Philosopher, Connoisseur, Future Legend
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Makavalli
Sinister is a system
damn what are the over reactions going to look like after the market opens today? More layoffs less spending etc? Im a rookie at understanding how the market moves things but that reddit post was a good explanation of whats happening
The Fukin Prophecy
RIP Champ
Pro-Tip: If you’re looking to buy the dip, don’t buy anything today that doesn’t drop at least 15%…The bottom with be close to 20%…
Holy shyt, watching CNBC all day. I can’t wait to see though greedy a$$holes starting to melt down like 2008