/biz/ - Business & Finance

I am a sinner and need Jesus desperately bad.

ah, ultra fresh /smg/ thread, now I can be a full on bull here

can someone explain how Louis Farrakhan is still alive? does racism against white people extend your lifespan?

RUSSEL BROS
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOH

I'm scared bros

Goldman Sachs: “In light of recent stress in the banking system, we no longer expect the FOMC to deliver a rate hike at its March 22 meeting with considerable uncertainty about the path beyond March.”

FED PIVOT!

AHHHHH GOLDEN FAKE BULL RUN!! HERE WE GO AGAIN!!!!!!!

They've finessed Powell to stop hiking rates with the SVB mess. Damn this shit is starting to feel like it was planned lmao

The FDIC has saved the economy, truly our most competent public servants.

I'm pissed bros

i told you niggers this was a nothing burger

FED PIVOT IS HERE!!!!!!!
FED PIVOT IS HERE!!!!!!!
FED PIVOT IS HERE!!!!!!!

FAKE BULL GOLDEN BULL RUN. FASTER HARDER>>>!!!!!!!!!!!!!!!!


DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA DA

AHHHHHHHWOOOOOOOGGGGGGGGGGGAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!!!!!!!!!!!!!!!!!

>>54076095
I was thinking of buying small-caps on Monday, but now they'll be expensive.

>>54076104
>Fake

pardon me sir but why pray tell would this golden opportunity be fake?

REMINDER THAT THE PERMABULL POSTERS ARE LITERALLY GOVERNMENT SHILLS

fucking hell dudes.
I literally sold the bottom again. And I do mean the absolute bottom. I sold everything around 1.55 to 1.57pm on friday. that's the bottom on all indices.

I sold stock that were up 8% 2 weeks ago at a loss.

>>54076124
Shame too. I was looking forward to 6% bonds finally.

i hope so

Powell has made every wrong move. How does he still has a job?

>>54076124
I still think they will do a .25. Nothing changed

>>54076124
lmao it would be really funny if powell does the reverse Uno card and says "well actually I changed my mind, 50 bps on march 22 because fuck the system".

daylight savings is the stupidest shit ever.

If they really do cut rates a little bit will the yield curve start to uninvert?

>with this bank's death, Bobo's rate hike market is ended. Restore a saved game to restore the rape hikes or persist in the inflated world you've created

So, if the fed is pausing, that means inflation can take off again right?

Hahahahahaha this is absolutely amazing. Bears are SO FUCKING WRONG lololol Why the fuck would you doubt the US government's ability to literally change the rules whenever they want?

>>54076124

If this was planned it was a really ballsy move.
If Fed pivots and markets surge higher, we're going to see inflation get absolutely out of control and it shows that fed has no teeth.
I really doubt they can force the pivot, but if they can it'll be a wild ride as inflation fucks the entire world.

>>54076189
Inflation wont necessarily take off again. Especially if banks are losing money and cant loan. Plus rates are still at 4.5ish% and it still reduces inflation.

>>54076193
Your mistake is assuming that the government wants to do what you think it does

>>54076124
Looks like 100 bepis is on the menu, boys!

>>54076189
The fed isn't going to pause. If they were going to pause they wouldn't have even bothered with this weird bank liquidity fund thing, because why bother if they were just going to stop increasing interest rates and thus reverse the decline of asset valuations? At most they might do only +.25 again.

barney bros....

>>54076169
This. The very next tweet after Nicky T opens the door to a pause:
https://twitter.com/NickTimiraos/status/1635103854634364930
is him quoting JPM for 25:
https://twitter.com/NickTimiraos/status/1635103856983179264

So in the 90% likely scenario there are no more bank runs and CPI isn't clownshoes, we're getting 25 next meeting. Inflation is still high, unemployment still low.

My take was that the Fed was free to keep raising rates since they took advantage of the panic to install permanent QE to any lender in the country.

>predict a pivot in june last year
>doesnt happen
>october free fall
>do it again
What drugs are pivoters huffing

>>54076195
Can't wait to be alive to witness Weimar 2.0 happening but in the USA

>>54076263
Yes, I'm thinking the same.

>>54076180
Arguably the yield curve is uninverting because the economy has started playing Young Jeezy's hit album The Recession.

thread theme
https://www.youtube.com/watch?v=3GwjfUFyY6M

>>54076124
just because a large bank doesn't expect it to happen doesn't mean it won't happen
it's either rate hike + no bailout or no rate hike + bailout

Can someone explain the pump? It's not a blowoff top is it? Any news I missed out on besides a bank or two imploding?

>>54076246
>because why bother if they were just going to stop increasing interest rates and thus reverse the decline of asset valuations?

>>54076246
Feds just stopping bank runs from happening by essentially doing what boe did doing emergency bond buying so firms who are underwater on treasuries and need liquidity can just swap them instead of taking a ten billion dollar loss marking them to market.

I always love the "just like 2008" talk because in 2008 I turned 18, graduated high school, and started college. I even had a girlfriend and a social life. It was all down hill from there. Now I drink heavily and going on nostalgia binges consuming Y2K-era memes, music, and movies. I even started coming to 4chan around 2004 so I grew up with every meme and I'm probably the oldest oldfag in these threads. The fact that 2008 is still so popular kind of makes that era feel closer, like it never died.

>>54076312
it's so bad that they're expecting the fed to bail out markets in general

>>54076279
I really can't recommend this enough.

The book too.

If the fed really pivots I am going to make so much fucking money...

>>54076312
>Can someone explain the pump?
that's impossible to know unless you looked at literally any news outlet

>Powell sits at the table at the next meeting
>"Chairman, in light of recent events, are you considering a pause in rate hikes?"
>Powell looks at the reporter
>Without removing his gaze, he pulls out a flaming hundred dollar bill, uses it to light a gold plated cigar and takes a drag
>"A hundred points."

>>54076312
2 banks blew up. Government decided to repay all depositors, for about $300b total. This is outside the FDIC system. In addition they're installing a backstop fund worth $25b. Overall they're reinstating bail-outs (rendered illegal in 2010) under a new name (and not quite a bail-out -- applies to depositors instead of banks, so really it's QE).
GS decided this meant no more rate hikes (don't think they actually believe that though).

>>54076124
>>54076137
>>54076193
Hmmm seems sus to me. Powell usually pops out and says this stuff. I can see this be one of the biggest rugpulls. I guess my best choice is bet both ways all in? Thoughts?

>>54076312
We're rolling back to Thursday's prices. Friday is a mulligan.

>>54076312
Could be a dead cat bounce. All of this is very strange desu. Saving SVB somehow activated the next bull market. Unironically an asteroid headed are way would give us a new all time high at this point.

Here's who you all bailed out:
https://s3.documentcloud.org/documents/23703871/svb-depositors.pdf

The giga rich tech elite. There were no "ordinary" depositors at that bank.

The solution to inflation remains the same. It is not for (((them))) or their companies to fail, but for you to lose your WFH job and go back into the office. Inflation is all YOUR fault still. (((Our))) system is cracking, don't you see what you've done?

>second largest bank failure in history
>followed by the third over the weekend
>market pumps
I look forward to the bloodbath in the morning.

>>54076056
Monday: Moon because bank bailout and now no risk to throw money at tech start ups
Tuesday: Perma moon because it's clear inflation is over

This is where legends are made.

Gg wp mumu. I concede.

>>54076369
Didn't even save SVB. Just agreed to raise FDIC insurance costs in order to make depositors whole, the bank is dead.

I hate this gay market

>>54076124
Powell to Goldman:
https://www.youtube.com/watch?v=cougeyF-JNw

I told yall faggots to buy the dip last year in dec. nobody listened. are you listening again? probably not.

It just hit me:
>inflation
>2 open jobs per worker
>openly state need to up unemployment
>destroy primary funding source for startups
>lrn2getrealjobsfaggotsnoneedfornewshitexistingcompanieshaveitallcoveredpleaseremovethetitle"founder"fromyourtwatters

>>54076312
bargaining stage of grief
>ooh they bail out the banks that means money is infinite!! put everything into stocks!!

lol I haven't seen futures up almost 2% in a while. Bears are absolutely seething and it gets me rock hard.

>>54076362
>it's QE
This is exactly how the market will treat it, only moreso.

>>54076242
Kek. Knowimg this market I wouldnt be surprised Goldman Sachs just trying to screw over people by what they said, a finishing move on retail investors as many switch to 100% calls. Debating going 50% calls and 50% puts with all my money. If they're lying its gonna tanks hard and make me rich off puts. If theyre telling the truth I simply hold the calls and get rich too.

>>54076381
>There were no "ordinary" depositors at that bank.
yeah they're called businesses. retard level take. that's why you're poor btw

>>54076362
>2 banks blew up.
3*
>https://finance.yahoo.com/news/signature-bank-closure-deals-another-000954019.html

>>54076312
bailing out the banking system and admitting everything is fucked is bullish. other than that we're pumping on literally no news at all.

>>54076436

Capitalism for the needy. Socialized bailouts for corporations. Welcome to America.

So If I'm 150 SQQQ deep, should I buy TQQQ as a hedge at open? I have no idea what's going to happen

>>54076437
>https://finance.yahoo.com/news/signature-bank-closure-deals-another-000954019.html
Barney Frank's bank.

>>54076430
Don't forget the worst case scenario: Nothing happens, it crabs, and you lose

>>54076312
It's over https://www.zerohedge.com/markets/svb-latest-developments-live-blog-fdic-auction-failed-svb-assets-underway

>The Fed also said that it is prepared to address any liquidity pressures that may arise, which in turn has just unveiled the first bailout acronym of the new crisis: the Bank Term Funding Program, or BTFP. Some more details:

>The financing will be made available through the creation of a new Bank Term Funding Program (BTFP), offering loans of up to one year in length to banks, savings associations, credit unions, and other eligible depository institutions pledging U.S. Treasuries, agency debt and mortgage-backed securities, and other qualifying assets as collateral. These assets will be valued at par. The BTFP will be an additional source of liquidity against high-quality securities, eliminating an institution’s need to quickly sell those securities in times of stress.

>The Fed explains that the Department of the Treasury will make available "up to $25 billion from the Exchange Stabilization Fund as a backstop for the BTFP." And while the Federal Reserve - which was completely clueless about this banking crisis until Thursday - does not anticipate that it will be necessary to draw on these backstop funds, we anticipate that the final number of needed backstop liquidity be somewhere north of $2 trillion.

>What is more notable is that the BTFP - or Buy The Fucking Pivot - facility, will pledge collateral at par, not at market value, thus giving banks credit for all those hundreds of billions in unrealized net losses, and allowing banks to "unlock liquidity" based on losses which the Fed and TSY now backstop!
This is hugely inflationary though

>>54076362
Wait, the government is covering the VCs or just the depositors. I can understand the depositors but why the fuck are they bailing out VCs?

>>54076452
>admitting everything is fucked
Things that never happened. Sorry but bobo lah lah land isn't real.

>>54076093
>does racism against white people extend your lifespan?
You discount his rampant anti-semitism? It just goes on and on
https://www.adl.org/resources/backgrounder/farrakhan-his-own-words

>>54076455
Hold SQQQ. This fake and gay rally will die off pretty fast and then next leg down

>>54076437
Was talking about just this weekend, not all week.

>>54076437
Is silvergate considered a bank? Otherwise its just svb and signature. First republic looking weak too.

>futes
Wait, so more banks failing is actually le bullish now?

My peepee is hard.

>>54076483
Depositors = VCs + tech companies whose accounts were there + mom and pops who somehow decided to get an account there, etc.

>>54076483
>I only kneel for to take aim

>>54076436
>yeah they're called businesses

Re-read the list. They're mostly venture capital funds.

If it wasn't already known CPI is on the way down and inflation is over with, these bailouts never would have happened. It would have made the problem worse. Soft landing achieved, and now insta QE via this new program to depositors.

>>54076455
it doesn't quite cancel it out. you can either set a limit/stop loss if you want to limit losses, or purchase puts on SQQQ to hedge against that loss.

>>54076510
The government wiping everyone's asses is what's bullish

>>54076503
What other banks start with S? I would withdraw everything from any bank that starts with S. The trend is clear.

>>54076516
those aren't businesses? they're depositors like anyone else. stop replying to me

>>54076484
You have no skin in the game anyway, why are you trying to brag? I cashed out Friday, nearly 15 grand I made last week. I want it to pump so I can get back in cheap.

>>54076510
When everyone thinks the line is going to go down it goes up. All they care about is heeming options. I'll be buying long dated puts tomorrow.

Both I and gook poster anon said on Friday to take profits and not buy puts before close. The markets will go down but not until after they fuck everyone first

>>54076381
These aren't all the depositors, it's either all large accounts or just the VCs specifically.

And just like that, we never saw those low ever again.

so i should buy calls on monday instead right?

>>54076563
you're going to be absolutely raped on premiums if you buy your options tomorrow; IV is going to be through the fucking roof for a minute

2000 the bottom of yield spread was market top, 07 the market top was when the inversion climbed back up to 0

>>54076408
>destroy primary funding source for startups
But they didn't do that step. VCs who deposited their cash at SVB are intact. SVB itself was mainly a treasury and mortgage bagholder.

>futures
They just keep going up!

Bobo how many times do we have to teach you this lesson?

>>54076585
I'm more bearish than ever. Thursday I predicted: if we're red friday it will be green next week as an exit pump, then blood red. Otherwise it will be green friday so it can be red all week after.
Friday was red.

What is he going to say /smg/

>>54076348
Nope I no longer use globohomo news to trade, much. And I dont really look at the financial news often

>>54076362
I see thanks. Looks like another "its not this but it actually is" scenario.

>>54076396
Sounds pathethic. Seems whatever is going on in the background is pretty bad if they're doing this

My DKNG calls are going to fucking print

>>54076604

>>54076604
Funny sheep!

>>54076605
>I'm more bearish than ever
Yes when a cult leader's dooms day date comes and goes, the cult generally just becomes more fanatical instead of just walking away. It's a psychological phenomenon.

>>54076503
First Republic is fine.

>>54076605
hey can u post ur portfolio 2 weeks from now thx

>>54076598
Nigger it's gonna be +2% green by 10am on all bad news. I'm finna buy May puts and you can't stop me jew I know your tricks

>>54076622
Good times are back again. All I care about is that QE goodness.

>>54076624
Will do.

>>54076473
Its not really QE - since its emergency loan lending to support liquidity.
>giv fed securities
>receive cash so you dont get ran on
>pay the fed back
>get back control of your security

>>54076593
You can but I'm selling puts.

>>54076611
>it’s Joever

"Who the fuck told me to keep holding SQQQ" t. Anon tomorow morning

>>54076056
Futes rippin

>>54076651
>1 year loan
>basically giving $100 to a crackhead expecting to get it back

blood bath for tech tomorrow

This feels like history in the making for some reason. Kind of unbelievable.

>>54076611
okay... i was bullish but every time this mf speaks we tank hard.
it's so joever.

>>54076651
It's "not QE" like they did with repo operations in September 2019.

>>54076605
Given the past two months were pretty green, I see no reason for another "exit pump". Anyone smart would have sold a week ago. Do you think insiders didn't get word on SVB early?

Kek baggies

>>54076593
Seems like the answer, but Im sus. Might go 50/50 on calls and puts. If my theory is right this will be the last trade I need to get rich, but only because whichever way it truly goes will be hard
>inb4 everything flat lines for exactly 1 month and makes both calls and puts worthless

OK, anons. I currently have cash in JPM. What bank/brokerage should I move it to? Hiding it under my bed is not an option.

FUTURES!

>>54076688
Second and third largest bank failure in history in one week comes at a complete shock and market pumps. That's an interesting moment to reflect on.

Remember when bobo said bulls would get heemed come monday?

>>54076189
Yes, look at buttcoin computer, we weimar now

0 BPS IS ON THE TABLE

>>54076712
Rippin son

>>54076703
There's typically a hyperbolic pump before a freefall, just like there's usually a sustained but crabby green during a position-change by the big guys.

>>54076252
In case y'all don't know, NickyT gets info from Powell. He's predicted the rate hikes a few days before each FOMC meeting, ppl think Powell talks to hi.

>>54076688
>This feels like history in the making for some reason
First time, zoom-zoom?

>futures
HOLY FUCK

>>54076688
>banks collapse
>president goes on TV to ask boomers to please not sell there bags
>1 day before a hot CPI print (tuesday)
>1 week before another rate hike
>and /smg/ is bulling into the exit pump

It's gonna be hilarious for sure

>>54076669

>>54076697
It's Not QE Not Qe Not Qe Not Qe

Pretend it's not QE then it's not QE but it's really QE.

>>54076726
Look at ZQ, it updates more frequently. 10 benis point CUT is getting priced in.

>>54076611
Watch it be super green before this and then a rugpull on retail kek. When should i split my money 50/50 on calls/puts. Before or after this? Seems like Jerome's decision will have a larger effect after Goldman Sachs put out that potential bait

>>54076726
Can someone remind me again why fed funds futures contracts exist?

>>54076632
i'm not going to stop you from giving your money to market makers when you buy your SPY LEAPs at 3489573984573498579834753498575% IV

>>54076726
Fixed-income bros...

>>54076611
more like what his handlers will tell him to read on the teleprompter

Bros I've been having the worst natural gas

>>54076726
Why would it be on the table? What changed? 25 is the most likely. Even 50 is more likely than 0 bit I don't think they would do it

>>54076735
Exactly. And especially considering it's the blackout period, he's probably using Jerome's thumb to press the "Tweet" button. There were any number of banks or analysts he could quote but he chose those two.

>>54076697
Yeah. But its not going to massively affect the broader market since its just a safeguard against more bank failures having a liquidity shock. Bank of america isnt going to he able to sell the fed its stinky underwater treasuries to the fed to buy better things.

>>54076680
Weird, futures are looking really juicy for big tech tomorrow

>>54076766
you are retail, retard

>>54076056

>>54076651
I don't care about semantics when there's a giant green dildo in my butthole.

And note.
>>54076473
>What is more notable is that the BTFP - or Buy The Fucking Pivot - facility, will pledge collateral at par, not at market value,
This is bringing forward money creation from future to today. The money has to be created because it doesn't exist.

>>54076773
Every bank is being pummeled by the high rates, the difference is they haven't had to realize the loss quite yet. But with the new bailouts, it might not be needed.

>>54076745

THIS MUTHAFUCKIN THREAD VOLUME WOOOOOOOH!!!!

>>54076743
Wait I thought Jeromes speech and rate hike are this Wednesday. Well that screws up my plans.

>futures
1-555-come-on-now.jpg

>>54076601
My understanding is that either way you slice it that was "the only" bank that would allow all of those shitcos any debt or whatever all else, so essentially there will be a certain portion that no longer find funding, and I also do not assume that the VC injections covered the entire nut for each/any of them. Either way you slice it, the bank's entire claim to fame is being "the startup place".

>>54076726
>inb4 jpow declares a 100 bp hike
In an interview with CNN, Jerome Powell, chair of the Federal Reserve, defended the decision of the Federal Open Market Committee.
"We had to do what we had to do. Bulls have had too much fun all to themselves, it was time to give the permabears something to be happy about before they collectively roped"

>>54076807
Jpow is scheduled to talk at 11:30 on Monday, and biden is scheduled to talk likely earlier even.

>>54076793
after thursday and friday you really think (((they))) aren't manipulating as usual?

>>54076782
Wait... that just means the Fed will be able to keep hiking rates and QTing the broader market without having to give a fuck about any banks slamming on the brakes.

This is incredibly bearish. We're going to hit a 7% terminal rate.

>>54076795
And betting both ways means they either rugpull the mumus or the bobos. I win either way. Worst case being they crab it for a momth or few depending on far dated these options are, not counting what I already have.

>>54076345
is a pause in hikes considered a pivot?

>>54076688
This is fall of USA as a free market economy.
Fall of Federal reserve to political interests rather than monetary policy. Fed was pretty much the last old guard central bank left which wouldn't do shit like this. Now the entire world is third world.

>>54076846
And jpm is handing out blank checks

Assuming le market le poomps, strictly because of the fact that we will NOT be fighting inflation, what is the best way to do a babby's first short? Just buy an inverse ETF and hold it for a while? My only investments are my 401k and ASO so I have zero experience with shorting although I understand the concept. I don't feel comfortable buying puts yet

>>54076861
fall of an independent Federal Reserve happened when they kept their foot on the pedal at Trump's request from 2016-onwards

I kind of want to an hero right now.

I only got $1000 of short SBNY. What the fuck bros. Why did it have to happen so quickly?

There’s never going to be such an easy short.

Fuck

Fuckfuckfuck

>>54076835
For what? He so much as declares a pivot qnd the 50/50 call and put plan drops to a 100 call plan kek

>>54076861
Fed has run the USA for the last century

>>54076860
Idk they don't really have to pause hikes because there's no consequences to hikes now. The only people who lose are people who hold these bank shares.

>>54076736
You messed up the rules text, there’s nothing preventing you from always shuffling and revealing the top card.

>>54076899
(((you know what)))

>>54076604
HAHAHA you dumb wolly mammeth why you so funny?

>>54076893
What happens when you are short shares of something thats delisted?/stopped trading

>>54076881
baby's first play would be to invest in counter-cyclical stocks like Costco and avoiding derivative products

>>54076884
Fair enough. Coincidentally when gold bottomed.

>>54076881
Sqqq or spxs shares

Smoking the last of my weed tomorrow. Hopefully I stop getting autogynephilc thoughts. Weed makes you gay, lads.

>>54076903
Meds

Open +2%, close -2%.

>>54076932
You don't have to pay back the lender because the thing you borrowed is now worth nothing.

We're pumping because the Fed and the Treasury just guaranteed that no bank will ever have to sell for a loss so they're about to lever up out the ass.

>>54076899
A 0bps is incredibly bearish for stocks in my opinion. Jerome Powell admitting they hiked too much and that shit is fucked I'd pretty spooky for equities.. it's a giant red flag

>>54076965
dumb faggot

This was the most stressful weekend I've had in a while. Is there any hope that we can ever leave this circus?

>>54076933
>>54076947
Thanks

smg sold the bottom once again

>>54076881
Why the fuck would you short unlimited money printing are you insanse?

>>54076984
it also shows the fed has no teeth, since they just said that rate hikes are "likely to be higher than previously anticipated."

>>54076984
It's pretty much them exposing the fact that they cant increase it too much more or they're fucking themselves over with the interest on the country's debt

>>54076984
yeah when they do a real pivot is will probably be bearish not bullish. they're going to raise until it breaks.

>>54076970
This is the likely common sense scenario. Unfortunately, if we had common sense, we wouldn't be turning on the money printer again. So perhaps we go gold bull instead of bull trap.

>>54076996

>>54076976
So what happens when you short janny salaries?

The fed effectively just cut rates to 0% overnight by backstopping banks. Think about it:
>bank buys $99 bond for a 1% yield, you plan on getting $100 at maturity
>fed raises rates from 1% to 5%
>bank needs to raise money, sells bond portfolio, but bond prices are $95 with a 5% yield which gives you $100 at maturity
>bank sells bond at a $4 loss, but fed "backstops" these loses, giving the bank $4 to make up the difference and keep the bank solvent.
>so to summarize, the bank buys at $99 and sells at $99 (zero interest rates).
stock futures are flying now that people realize this

>>54076977
It's like trading in your car except the dealership pays full price for your 12 year old car that's missing the bumper.

>>54076711
Why would you move it?

>>54076513
same. i m CEO startup to do innovation to save planet buy capturing CO2 in air and inject it in space.....something like that....not sure....don t care. my wife is back and changing now for sex

>>54076908
>there’s nothing preventing you from always shuffling and revealing the top card
Nope, that's intentional and is the reason I specifically say to shuffle before the reveal, the reveal is supposed to always happen. I figured for 10 life, you don't want it to just do nothing if your sideboard's empty.

>>54076965
Or the fed was ran by whitehouse, none of the cycles was resolved by a politically independent fed

>>54076976
So what you receive the full credit as cash to account? What happens if the banks have cash left over after paying depositors and bondsman?

>nothing has happened
>board is full of desperate bagholders screaming PIVOT BULLRUN IS BACK
Holy fuck I'm so tired of these desperate poorfags. Jpow fucking please knock it back to 2016 valuations so these niggers never touch the market again.

>>54077001
I bought calls on friday pussy

>>54076996
That in the end is the problem. We see the market swing whole percentages (if not multiple percentages) on a daily basis and say to ourselves, if only we could have captured that I could escape.

>>54077028
Why would you short those? They're a large, stable cash flow, right?

>>54076951
Was thinking of a tolerance break or switch to edibles soon myself.

Best stock $5 and under?

>>54077012
Powell going to hike and banks better buckle up

>>54077059
AQB

>>54076951
>autogynephilc thoughts
Based.

>>54076722
There is no risk when depositors don't loose anything. No risk=reason to pump.

>>54076735
>y'all
>ppl
Go back to nigger twitter and stay there.

>>54077044
The fed just killed the dollar. They effectively announced that everyone who bought treasuries at 1% yields can get a full refund.

DXY on suicide watch.

>>54076977
Is that really what happened? All those dog shit bonds they took out with no hedge and got annihilated on... they just get it all back? Literally zero losses on billions of worthless bonds? What the fuck am I even trying to accomplish with my poorfag 5 figure pholio?

>>54077094
>everyone
Only banks

>>54077057
Just do shrooms instead. When you build up tolerance go back to weed. The tea I made with mine today had me fucked up for about two hours and then I was good. Fun to look at art while tripping.

>>54076970
This is the way.

I bet everyone will call bullshit and get pissed at the banks for getting free money. Think about it, they can't forgive student loans and kicked a shitload of people out of jobs during the huge layoffs recently to fight inflation, but bankers get a free ticket ride out of trouble.

If that doesn't make people revolt then I don't know what will or even can.

>>54077039
>changing for sex

Lol I think it's hilarious that fat people wear clothes when they fuck

>>54077063
"you retards fucked the market. all federal reserve lending operations are now permanently halted. enjoy your mad max world."

>>54077042
Volker was. His rape hikes made the president lose his re election

>>54077073
What can you tell me about it?

>>54077035
>bank sells bond at a $4 loss, but fed "backstops" these loses, giving the bank $4 to make up the difference and keep the bank solvent.
No, BTFP has them pledge the $95 bond to the Fed for a year. In exchange they get $100 at a 6% interest rate.

Also the entire program is capped at the size of approximately eight minutes worth of QE.

>>54077094
They didn't announce anything. Why are you always like this. Pivoters really need to be exterminated like the vermin they are.

>>54077110
I agree. I’m anxiously awaiting the opening bell.

>US 10Y is now down 27 pips

>>54076977
>>54077097
No no no, not "free". It's a 1 year loan they HAVE to pay back (just... BECAUSE ok). You may be insolvent now but we know you're good for it a year from now; this is just a short term set back for you LONG term investors out there.

>>54077110
Most people don't give a shit. All they care about is their goyslop and manchild hobbies.

>>54077128
America will be an agrarian economy soon, and the oceans will be ruined. So all Americans will be surviving on genetically modified fish sticks grown in warehouses. This will be the future.

>>54076965
Go back faggot.

>>54077035
>Bobos

>>54077059
NAK
CWSFF

>>54077135
Its just an emergency lending facility to prevent banks underwater in their reserves. Got to love the pivoters and doomers getting hard though and jerking off

1.5% pump on open
fuckery in the middle
then -5% dump on close

>>54077157
>guy obsessed with accumulating money talks shit on people that prefer to enjoy themselves

>>54077169
>images (6).jpg
opinion filtered, you are clearly a tard

>>54077094

Any etfs that track DXY?

>>54077035
no, the fed is allowing banks to take a 100$ loan at 5.10% interest with the 96$ bond as collateral

>>54077164
Buy and hold?

>>54077035
So far they're saying there's a 25 bil limit. Is that per month or per day?
https://www.wsj.com/livecoverage/stock-market-news-today-03-13-2023/card/meet-the-btfp-the-fed-s-2023-crisis-facility-Bn7TsQpropbMiW1Z3kdp

why is truff a scam?

>Pay out huge bonuses
>Declare insolvency a week later
>"Loan" bonds to the government to refund depositors
>Turn 360 degrees and walk away
They're going to get away with it too. Look out for those bonuses and short once they're reported.

>>54077195
Yes, just keep buying. Then in 20 years you'll be able to buy Montana.

>>54077222
Checked nooticer.

>>54077175
You're coping hard man. I got losses too but coping isn't good for you.
You can keep playing word games or accept reality.

>>54077157
>>54077157
imagine all the funko pops and capeshit you could buy with all that bailout money. i seriously hope some purp hair reddit troons roped during this bank run

>>54077189
>opinion filtered

>the president of the United States of America
>is going on TV
>to say "plz do not redeem sirs"
>and /smg/ wants to buy calls

Hahahahhahahahahhahahahahahah

>>54077186
UUP

>>54077236
Reality is banks are started to fail and there will be more underwater getting bit by sharks.

>>54077043
It takes a while to liquidate the company and you have to keep paying interest until it happens. Eventually your broker possibly gets some money back for the shares, cancels your loan, and returns your collateral.

>>54077194
>The biggest draw of this facility is that banks can borrow funds equal to the par value of the collateral they pledge, according to the Fed's announcement. This means that the Fed won’t look to the market value of the collateral, which in many cases reflect big unrealized losses due to the jump in interest rates.
>The Fed also won’t demand that banks pledge collateral in excess of the advances they are taking, which is typically the case when banks borrow from, say, the Federal Home Loan Bank system.
>And if banks can’t repay all the advances in a year’s time? The Treasury Department is providing $25 billion of credit protection to the Fed just in case.
Fucking HORSESHIT.

>>54077237
And goyslop machines
Fuck long NVDA on open
They're gonna sell a lot more 4090s

>>54077121
>Jerome-sama, I kneel...

>>54077144
It's because the fed is pivoting.

>>54077059
BBBY is prime for a squeeze now

>>54077173
Thanks fren

>>54077255
>will be more underwater
Nope. PAY ATTENTION. READ THE FUCKING NEWS.
you're on your own i can't care to spoonfeed retards like you anymore

>>54077228
Kek nice

>>54077254
>etf
>UUP
it's a PTP. I found out when I received a blank K-1 from them when I schizo bought and sold on the same day for the same price

>>54077260
They're bringing forward money creation from the time of maturity to today. It's fucking insanse

>>54077281
Based

>>54076345
If the Fed pivots with hot inflation then inflation expectations will rise and TMF will crash

>>54076345
you do understand that inflation expectations can still cause bond yields to rise despite a fed pivoot right

>>54077299
they do realize this will obliterate the potency of their primary tool, the target federal funds rate? why would I care about rates being raised if I literally cannot lose on long-term treasuries

>>54077299
Daddy Jerome must have decided inflation is fake and gay

>>54077332
you already literally cannot lose on long term treasuries if you hold to maturity you imbecile
they're called risk-free for a reason

This can’t be true is it??? No fucking way.

>>54077345
Amusingly, I had the realization that vega shifts towards gamma on options, also that vega doesn't matter if you hold until maturity

>>54077122
Carter unlike Ford actually wanted to kill inflation

>>54077294
>it's a PTP

Hate the fucking things. These should be illegal. Next time just buy calls or puts them, there is no K-1 form for options.

brace yourselves

>>54076651
>Fed "loans" money collateralized by toxic assets
>notQE

>>54077360
Lurk more, fucking noob thinking you're supposed to be solvent.

>>54077360
As long as the liabilities are properly hedged, it's fine. Also, cash & equivalents includes treasuries and other liquid assets.

>futures

https://youtu.be/TkCXF3p4sdA

>>54077282
Its not free money.

>banks get a refund when they make a bad trade
>my broker refuses to issue a refund for my bad trades
how's this fair at all?

>>54077360

Who knows. If that's true, chase better be scrambling to get more liquid FAST

>>54077405
you are goyim

>>54077372
Yeah he was honest. But paid the price

>>54076711
JPM is an OG, your gov toilet paper is safe there

>>54077405
If you owe $10,000 then that's your problem
If you owe $10,000,000 then that's the bank's problem

Bobos won’t be able to get any credit to save their shorts with all these retards doing bank runs.

>>54077405
Bank is insolvent. only depositors are being made reimbursed faggot. you plebs cannot comprehend the damage this will bring if the fed does not back stop these banks.

I'm talking about going back to the stone ages. trading with rocks and sticks.

>>54077360
Jpms cash equivalent is only at a 6% loss if marked to market. Svg was -46% or something. Bank of America is 30% or more. Svg got ran on because it had to sell its bags to provide a big depositor their cash and triggered a run when it was announced it was going to dilute.

>>54077380
The toxic asset in question is us bonds keke

wtf are futes doing

>>54077453

>>54077453

>>54077453

>>54077405
maybe, one day when we make it, we'll be able to relate

>>54077405
Its not a bad trade. Its just the financial institutions protecting against liquidity crunches caused by a panick.

>>54077374
I used to hate them when I did taxes. The oil drilling ones have some retarded tax return inputs for a $0 or negligible difference in the end tax result. Fuck PTPs. I'm about to get back in the options game this coming Q2 and im thinking of selling some upro options instead of naked SPY options that I can't take assignment on

>>54077345
if you're looking at it literally, no, you can't lose on treasuries. but you're going to consider it a loss when you're stuck holding your 1.8% 20 year treasuries you bought in 2016 to maturity.

a.) the market value of the bond will crater when rates rise
b.) even if you do hold to maturity, you're going to be raped by high inflation, which is associated with high interest rates

"you literally cannot lose on long term treasuries" is about as useful as "it's not a loss until you sell"

>>54076711
JPM isn't collapsing, relax nigga

>>54077440

Yeah I don't care. Fuck the banks. This will only affect the mega banks and mega corporations. Which is why congress is so fucking scared.

>>54076615
>investing in Donkey Kong
ngmi

>>54077475
inflation has literally always been higher than UST rates for the last 15 years so if you were buying USTs at all you're brain damaged

>>54077440
they're backstopping bonds at all US banks, retard.

>>54077475

Is they 1.8% total interest over 20 years? Jesus that's a bad investment

>>54077493
that's what i said moran.

>>54077440
>only depositors are being made reimbursed faggot.
Will the depositors be able to make payroll for their companies this week?

>>54077501
A year. Still bad though

>>54077054
>>54076996
Just take the /pmg/pill and rest for a bit. Come back with your bearings.

Futes rippin but they’re about to be rippen come market open

>>54076846
This is my read of it too.

>>54077440
>trading with rocks and sticks
I have many shiny rocks

>>54077039
how does someone like that get such a hot wife?

>>54077926
Money