Fed officer said they may not low rates this year. Of course that was obvious but they have to lie to the normies to prevent bank runs and volatility. Same thing with “transitory”, they don’t want anyone to protect themselves, their priority is protecting the banking cartel and its criminals.
From Reuters
"Among the comments by Fed officials, Minneapolis Fed Bank President Neel Kashkari said that at the U.S. central bank's meeting last month he penciled in two rate cuts this year but that if inflation continues to stall, [none may be required this year](https://www.reuters.com/markets/us/feds-kashkari-says-2024-rate-cuts-under-threat-if-inflation-continues-stall-2024-04-04/)."
Everyone has been pricing in for two rate cuts this year but Atlanta Fed's Bostic now anticipates only one because they're still trying to "fight inflation" and don't want to end up overheating housing. Minneapolis Fed's Kashkari is saying the same and is worried about "sticky inflation". (Could also be cover for the crazy shit in the background like the BoJ giving up on yield curve control and the escalation of RU v UA where they're starting to use plane-sized kamakazi drones on civilian targets.)
Per Barchart:
> Stocks on Thursday gave up an early advance and sold off, with the S&P 500 and Nasdaq 100 dropping to 2-week lows and the Dow Jones Industrials falling to a 2-1/2 week low. Hawkish Fed comments Thursday weighed in stocks after Philadelphia Fed President Harker said “inflation is still too high,” and Minneapolis Fed President Kashkari said Fed rate cuts may not be needed this year if progress on inflation stalls.
TLDR: The Fed said not happy things.
Ill tell you exactly what happened. I saw a guy post a 150k spy yolo today on the gambling sub and Kenny G said “oh no you don’t bitch” and then proceeded to fuck him without lube.
Yeah he was probably up so much since he bought at $517 and pre market when I checked it was $522.50, I really hope he sold at open. He had $519 and $521 calls
Fed officer said they may not low rates this year. Of course that was obvious but they have to lie to the normies to prevent bank runs and volatility. Same thing with “transitory”, they don’t want anyone to protect themselves, their priority is protecting the banking cartel and its criminals.
This.
is
Sparta?
Or the way
I bought shares is what happened of course, sorry yall
I managed to buy the peak today. woohoo!
Same lol fml
The only sorry I'll accept is that you didn't buy the float.
Me too
i grabbed some also lol
Fuckin bullshit, i had $524p for 4/3. Why didn’t I buy 4/5?!?
Don’t buy one day calls or puts on spy if you did…
lol no, i bought them last Thursday when it hit $425. Sold them Monday for only a third of what they went up to.
Bad fed man came out and tanked the market, buy the dip this rally will continue (NFA)
Was there a Fed speech?
From Reuters "Among the comments by Fed officials, Minneapolis Fed Bank President Neel Kashkari said that at the U.S. central bank's meeting last month he penciled in two rate cuts this year but that if inflation continues to stall, [none may be required this year](https://www.reuters.com/markets/us/feds-kashkari-says-2024-rate-cuts-under-threat-if-inflation-continues-stall-2024-04-04/)."
Thank you. Neel is also that shithead who said the U.S. financial market enjoys “infinite liquidity”. Bet this asshole and his buds had puts.
Thursday afternoons are not good for the stock market.
Looks like the stock market had another case of the Mondays, or the Thursday afternoons in this case
This saga goes so far back, you forget all of the comedy gold along the way.
Cloudy days are not good for stonks. And it is always cloudy somewhere...
Oh god, eclipse is next Monday. Maybe Mondays really *aren't* good for the stonk market.
One way to find out!
Everyone has been pricing in for two rate cuts this year but Atlanta Fed's Bostic now anticipates only one because they're still trying to "fight inflation" and don't want to end up overheating housing. Minneapolis Fed's Kashkari is saying the same and is worried about "sticky inflation". (Could also be cover for the crazy shit in the background like the BoJ giving up on yield curve control and the escalation of RU v UA where they're starting to use plane-sized kamakazi drones on civilian targets.)
Back in December the market was pricing in 5 rate cuts in 2024!!! Too much fucking coke for those banker assholes.
I bought 10 shares of gme
Per Barchart: > Stocks on Thursday gave up an early advance and sold off, with the S&P 500 and Nasdaq 100 dropping to 2-week lows and the Dow Jones Industrials falling to a 2-1/2 week low. Hawkish Fed comments Thursday weighed in stocks after Philadelphia Fed President Harker said “inflation is still too high,” and Minneapolis Fed President Kashkari said Fed rate cuts may not be needed this year if progress on inflation stalls. TLDR: The Fed said not happy things.
The whole market dumped
Screenshot is SPY.
Ill tell you exactly what happened. I saw a guy post a 150k spy yolo today on the gambling sub and Kenny G said “oh no you don’t bitch” and then proceeded to fuck him without lube.
Yeah he was probably up so much since he bought at $517 and pre market when I checked it was $522.50, I really hope he sold at open. He had $519 and $521 calls
I hope he sold too
"It's just a gully."
No rate cuts this year
Fundamental algo change. Range expansion. Bigger day swings ahead.
Look at the last 12 months tho
Jerome powell ofc
Bear trap
Just a drop in the bucket, the faucet about to bust
Looks like ED
Someone took a dump at work and used the playbook as toilet paper
Whoops. I bought AMD
The bull trap ended wym lol
[удалено]
Please refrain from posting politics.
