/biz/ - Business & Finance

Ding ding ding! How did it go today anon?

STOCKS HALTED ON LITERALLY NO NEWS

>>54309336
it's literally over for bobo. we are melting up. all of you idiots shorted the bottom. cap this

>he isn't accumulating the dip in financials right now
>he unironically this we're gonna have a lehmoon moment
>he thinks this is anything, but a liquidity crunch

>>54309336
Not checking

>>54309337
>tfw stocks are halted until Monday
WTFF IS GOING ON?!!?!?!?!?! ATTACK ON THE STOCK MARKET WENT WELL?!!?!?

>>54309336
not bad.

Nice little pump at the close for a happy ending
hehe

I hope you bought puts

the good guys win again

>>54309344
I cannot wait until the next CPI report

>>54309336
i lost $2000 on nvda calls but made $1000 on futures
i want to take a break next week but i doubt i will

Why did all the prices stop moving?

BTW I bought SOXL today, its way over sold, it was $70 at one point so its on sale for $16

To the VNO shiller I wanted to kill yesterday: we good

My oil, abloo bloo

>>54309392
Fact: 90% of gamblers take a break right before they make it big

>>54309402
All stocks have been halted, but not equities.

>>54309336
+0.46%
Slurped the dip and grabbed some VTI under my average. Comfy.

>>54309418
ohhh i like those odds!
https://video.twimg.com/ext_tw_video/1636707530159149056/pu/vid/852x718/mh2p6hWNHInvj0CS.mp4?tag=12

>>54309428
>All stocks have been halted, but not equities.
Right, and securities are only running at 1/2 speed

>>54309349
TO THE MOOOOOOOOON

Mumus are high on the zog's crack cocaine, the clown world monetary policy since 2008 and the Gigaprint of 2020 have turned the entire global economical system into a chernobyl ready to blow.

>>54309351
>robinhood APY was 4.15% last month
>is now 4.4%
>insured up to 1.5 million now
:)

Anyone in DIS? People still betting on the house of mouse?

NVDA went down today. I thought this was impossible?

>>54309471
there was some report i heard about them doing well with the florida congress but i don't know. could be a small boost

WTF why is the stock market crabbing on literally NO NEWS!!!!!

>>54309451
how do you really feel?

>>54309479
i knew it was coming but it had to be on a friday...

wtf is the deal with rainwater? Can't I just bottle it and sell it?

>>54309451
Please explain to me how an RBMK reactor explodes.

>>54309511
Yeah if you want to get shot by your State Police

>>54309336
>XLB: 0.81%
>XLC: 0.51%
>XLE: 0.39%
>XLF: -0.03%
>XLI: 0.41%
>XLK: 0.27%
>XLP: 1.71%
>XLRE: 2.51%
>XLU: 3.16%
>XLV: 1.37%
>XLY: -0.3%

>Me: -1.29%
>YTD: -5.50%

People bidding up staples and utilities like that? I'm not bearish enough.

>>54309451
GDP positive
Earnings holding up
Housing frozen but not crashing
Unemployment low
Inflation peaking and coming down
Yields peaking
DXY declining

This is the soft landing

>>54309451
We'll crab between SPX 3200pts and the current ATH well into the 2030s.

>>54309529
https://markets.businessinsider.com/news/stocks/stock-market-outlook-goldman-sachs-inflation-investors-sell-equities-fed-2023-3?amp

>>54309529
Tired: Soft landing
Wired: Soft lending

>>54309511
You better have a cottage license shitlord

>>54309529
Imagine thinking that owning SPX here is a good idea when it’s at the same level it was a year ago, when earnings were higher, Fed funds rates were 0 and we didn’t have banks failing every other day

>>54309336
+7.5%. Sold my SOXS near the local top
What a stressful week. I needed some grit to break out of my rut, and it really could have gone to total hell

>>54309506
kek
The movie is #2 on my list of favourites.

>>54309336
I am financially incontinent after 3 years

>>54309577
...shouldn't it be lower then?

>>54309577
SPX is an index, not an etf, how can it have earnings?

>PREMIUM SOFT TOUCH PLASTICS

Just shorted nasdaq.

>>54309618
Anon, that's what he's arguing

>>54309621
nigga wat

>>54309336
Smashed the index today. Shame everything rose way above VWAP before I could buy more.

I look like this.

>>54309621
you can do this cool thing to numbers called averaging, where you add them all up and divide that sum by the amount of numbers you added.

>>54309336
o-okay...

>>54309621
It has a weighted average of the earnings of its constituents.

bros I made $1.93 today

>>54309336
I'm down 10% real in the last 3 weeks, most of it in the last 2 days.
I'm thinking I'm gonna start drinking in public and yelling at random people for being annoying.
How long do you give me before I get shot by the police?

>>54309722
Minus taxes.

>>54309336
up 0.9% Also, I love KO and KOF

when do I buy SQQQ like last time to make lots of money

>>54309336
up a small amount but im getting better, faster, smarter. WGMI

OMG the market is going up and down on LITERALLY NO JEWS!!!

GME 10K. Get ready...

>>54309812
Idk I'm just trying to break even

should I just all in ADN.TO + KO + KOF and forget about stock market for a decade?

>>54309598
literally me

C'est une belle journée, je vais me coucher
Une si belle journée qui s'achève
Donne l'envie d'aimer, mais je vais me coucher
Mordre l'éternité à dents pleines
https://www.youtube.com/watch?v=bZt9lABhZpM

>>54309873
But you've learned things over the last few years, yes?

Shorted nasdaq with a x20 leverage. I will keep on shorting your scam pump until it goes down

What do you call this pattern /smg/ ?

>market tanking every negative headline like a fucking champ
>STILL trying to short into strength
just buy calls for summer and chill lmao

>>54309928
I call it "trade the daily"

>>54309928
Jewish

Oh shit I forgot there's a whole extra week in March this year, so I can pump up my monthly returns even higher

>>54309808

>KOF

I bought at $50

Feels amazing man

>>54309336
Stock fags are indistinguishable from degenerate gamblers

>>54309925
yes, but let's see if i apply them

>>54309962
nice, I got in at $70

>>54309928
range?

>>54309928
Prepping the bull.

im holdiiin oooooon
TONIGHT

>b-but he said there'd be more rate hikes!!
kek. the tightening cycle is dead anon. Inflation is falling below the 4 handle by year's end. no more rape hikes after this.

>>54309928
"fuck your options"

>les avenirs

>>54309336
+4%

>>54310000
>CPI comes in at ~6% again

>afterhours

My short is getting heemed, no choice but let it open over weekend ugh

do you guys think CALM can maintain its profit margins not that inflation has been defeated?

>>54309926
How high does it need to go for you to lose everything?

Just asking

>>54309926
Based bobo doubling down

>>54309467
I can't get enough of her new model and how expressive it makes her. Her grin always makes me diamonds

>>54310084
+4% and he should be -99% essentially

>>54309928
Death rattle

No news is good news right?

>>54310024
lmao

>>54310099
get help

>>54310084
4200

>>54310134
Don't need it

Anyone else in inverse etfs since january?

>>54310144
cramer inverse etf

Ok so the Fed isn't doing rate cuts and the market has taken down the 2y yield to 3.7%.
How long can this state of affairs continue?
The market seems to want to ride or die this motherfucker.

>>54310144
I'm shorting ARKK since January 12th. I'm getting closer to breaking even.

That's 130bepis, 1.3% between the Fed and market right now and the market has already been called out and been wrong before. So what's next?
Do we just dump to 3200 when the market capitulates?

>>54309336
Good week

I fell for the Deutsche fud and shorted at the bottom

BOIL

When do we get the catalyst to pamp? NG futures are at the bottom.

>>54310153
lmao what's the symbol?

>>54310181
What a life.

>>54310185
SJIM

>>54310185
SJIM and LJIM

>>54309928
W for winners

This vtuber this guy's avatarfagging looks gay as fuck

>>54310177
how'd you do it anon?

>>54310214
Not everyone can have patrician taste like me.

>futures

Ah wow this whole banking thing bled my portfolio a few weeks pay. I might really have to start gambling if I want to keep up.

>>54310214
>calling miku gay
There really isnt anyway you can be rational if you think that. Also ill buy cover stock when they go public just to have some.

>year is 2031
>the stock market has declined and crabbed, companies have dropped dividends to fund ESG initiatives
>banks have collapsed only JPM remained and merged with the US fed to issue creditcoin in place of the USD
>bitcoin has been rendered dead as no exchange will take bitcoin wallets or unapproved crypto, a state friendly approved list of "investment" crypto ETFs have taken its place
>everything is paid for in creditcoin, your behavior is tracked in live time with the state mandated apple iAR glasses
>negative carbon points sends an alert to your iAR platform where you are livestreamed to a 5 mile area of peoples iAR platforms where they see your carbon score and the last deed you did to drop it below zero
>you will be required to perform the openAI generated random tiktok dance to entertain the public within 5 mile range that is deciding to vote on your fate or offer carbon credit to get your creditcoin wallet above negative
>upon failure to pass public vote or get creditcoin balance above zero you are alerted to local authority that hands you off to PMC transport corporation that takes you to blacksite to get your creditcoin above zero
>you will be offered 3 square meals of bug supplement a day and will be required to jog on the human wheel to generate green energy in the amazon palantir joint prison power facility until your creditcoin goes positive
>you sit in the blacksite cafeteria and will hear a repeated speech by klaus schwab about comoonity sustainabilitee glooobal ecooonomy

>>54310214
Who IRyS? She's fun.
https://youtu.be/47oSt0Vw6mM

>futures

the fuck is this pumping?

>>54310324
We are healing into the weekend
By Monday, we will be fully healed and ready to bull run

>you get your creditcoin balance to be positive
>a group of chinese men in suits escort you out of your designated pod in pod unit farm
>you are taken to the panel review board, it is a concrete room with no windows and a high table of "release reviewers" that are a randomized selection of social media influencers, female human resource officers, VC tech startup executives
>they inform you that repeating the carbon producing act you did to get you in amazon palantir prison site #1105 will result in being taken to the meta metaverse VR euthenasia blacksite and your assigned drug VR human ethical by UN law execution

>>54310225
It was literally all MSFT, split between long term buys and swinging calls

What do if I'm down 23% on the week? Do I just 360 and walk away from the market?

who would win, an unpaid virtual custodian or 2 little digits in router settings?

We are totally going to get stagflation as our 'soft landing', then shortly after get into a LONG ass depression, aren't we?

>>54310346
ahh, i've been following nvda more myself. someone yesterday had a wild idea to buy OTM calls at 2x the price and i'm thinking about doing alittle of that

AMZN and a bunch of retail might dump next week, by a lot.

>https://www.reuters.com/business/retail-consumer/amazon-other-retailers-revamp-free-shipping-costs-soar-2023-03-24/

Jim Brandon cost me both my job and my portfolio.

>>54310366
I just get nervous because their P/E is literally five times higher already.

>>54310386
yea but nvda is riding the ai hype. i think it'll go on for a few months until people realize it's not gonna take their work jobs nor give them blow jobs

>>54310350
how do yo managed that? Your either overtrading, overleverged, or both.

>>54310350
you should probably take a break. things are crazy right now and they'll be crazy for awhile

Can someone give me their opinion on BAC?

>>54310400
I think it will take their jobs and give them blow jobs, I'm just being that OpenAI will be king and they're fully in bed with MSFT. They do all of their LLM training through Azure. Nvidia is definitely huge as a part of it, too, but they feel more replaceable. The A100 is the go to training GPU because that's the best Microsoft has put together for it, not because OpenAI has long term contracts with Nvidia

Thoughts on APPF?
ChatGPT told me to invest in it

I bought a lot of AAPL today on the dip. Got 100 now and will sell some covered calls

>>54310469
Chat is working off of data from two years ago

why does citigroup have such a low price/book ratio compared to other big banks? is now a good time to slurp?

>>54310436
Bad luck on a super overexposed position on UEC, no bueno, wasn't expecting it to be risky but a Short report came out 10 mins after I bought. It was a huge hit to my portfolio, and I'm thinking I need to step away.

>>54310258
>Pasts

>>54310528
Reduce your position sizes. I know, we all want great gains, but when it goes against you it will wreck your capital.

I can’t access any real live person on customer support and just got hung up on by the automated machine. How do i yell and scream at every cunt who works at any technical support job and make fun of them for complaining how hard they work, cause they don’t work hard an pod deserve every tongue lashing I give them. Don’t like it? Pick up the phone and do your job.

Banks aren't even real stocks. They are unnecessary middlemen. Why not take loans from the fed at the fed funds rate instead of from a bank, who does literally nothing except jack up the rates? They serve no purpose today.
in the era of MMT even jpow admits he wants to get back to ZIRP as soon as possible. so banks are left with underwater bonds and mortgages on their balance sheets.
Their purpose is to be bagholders with changing interest rates.

>>54310560
Bloody bhenchod basterd DO NOT REDEEMMMM U PROSTITUTE

>>54310582
you are FUCK muther btich

>>54310277
Back in MY day, the only Miku we had was green.

Whoever posted this, it really does explain bulltards and the clown economy

poop

>>54309336
Made 21 cents shoring BOIL! Could have made around $25 if I held longer but I got drowsy after watching it crab for hours, closed in the green and took a nap.

>>54310625
The post that saved /smg/.

>>54309336
i made a little more than $100. could have been about 350.

WISH WE COULD TURN BACK TIME
TO THE GOOD OLD DAYS

>>54310622
Every time I see this I feel sorry for the little rat bros.... People are fucking cruel man.

>>54310249
what's your new channel? i want to watch the smg updates

>>54310622
>We can keep buying the worst possible tech companies and the Fed will come save us!
Literally every bulltard's entire market thesis.

Was the market rallying for the past few months basically a giant exercise in trying to force Powell to pivooooot? And now that he hasn't pivoooooted the market is basically gonna crash?

Maybe I'm reading something wrong here but this is my first Fed cycle and I don't know what to expect either way.

this is me right now
https://www.youtube.com/watch?v=9scVlJZJfTU

>Beyond meat
>+6.5%

>>54310726
Expect them to prioritize the USD reserve currency status above everything else. Bulltards believe they will hyperinflate the dollar, giving up all power and control the central bank has held since 1913, to pump tech stocks.

fuck this week

>>54310742
thats how you know its a fake pump.

I NEED PLTR TO 40X SO I CAN RETIRE

>>54310678
>People
Scientists arent people.

yea im thinking its about time to long SPXS

>>54310702
The arguments from beartards make no sense. They expect a recession any day now, which would be bullish because it would force inflation down and give the fed room to pause.
And on the flipside, if there's no recession, then it's a soft landing. Which is also bullish.

>>54310800
Bad? Good.
Good? Good.

>>54310744
Yeah that makes sense and has been my assumption throughout this cycle. Powell and the jew goblina signalled this multiple times in previous conferences, even recently.

What will it take for this realization to set in on the market though? Neither side is giving up here.

The strongest indicator (to my knowledge) that they won't stop rate hikes is that inflation now is way past the previous times when inflation got high. The market hasn't got the memo yet though.

>>54310687
https://www.bitchute.com/video/LDzRtcyfxYLM/

>>54310346
Yeah me too. Went from $1200 to $7400. Then got fucked on Raytheon options. Now I understand just how horrible it is to have options with low OI
>>54309336
Y-yeah. I’m cashing out, I’ll feel too bad if I lose it all.

the fed did pause. what are you all talking about. next comes the pivot, and then the bottom.

>>54310726
The measures they're using to try and save FRC are half assed. In 2008 it took a lot more than that to revive the banks.
normally it'd take more pressure and longer to kill the system, but they raised faster than ever this time. (and we already had a bubble in 2020 thanks to trump QE)
For example with CS they fed "saved" them by offering them loans when no one else would. Well no one else was lending to them because they knew they'd eventually default. So its a stopgap that will save them for a few months.
basically the problems aren't over until the fed lowers to 3% or lower, or housing market dips more to price in rates.

imo maybe itll take a few more months but we are seeing the construction market starting to crack. It's more likely we see a deflationary bust than a inflationary spiral as unemployment spikes

Are T-Bills the safest bank or no.

>>54310836
>the fed did pause.
I mean they raised so not sure id call that a pause.

Some depositors are more equal than others.

https://i.4cdn.org/wsg/1679023387002716.webm

>>54310868
Did you see the dot plot? they are going to pause.

>>54310855
Any of those areas thats not soda is where you never live.

>>54310884
Yeah, at least another 25 bps hike and a good deal of them want it to be at 6% by eoy. Thats the opposite of pause.

>>54310846
Yeah I get all this, but what I don't get is why the retard market seems dead set on chasing tech stocks up.
It made sense when there was actual QE in 2021. It makes zero fucking sense now when rates are far beyond recent norms. I feel very gaslighted by the market.

>>54310800
>They expect a recession any day now, which would be bullish because it would force inflation down and give the fed room to pause.
Recessions are not bullish.
Widespread unemployment is not bullish.
Defaults on housing, credit card, auto, student loans are not bullish - it only takes a small percentage to default for the loans to blow up.
Decreased consumer spending is not bullish.
Decreased corporate revenues and profits are not bullish.
You are absolutely brain dead if you think that a recession is bullish
Corporate profits are more important than what the federal funds rate is currently at.

>>54310884
That's not good, because reversal of policy is usually when things get the messiest. I'm not calling for a HECKIN PIVOT, but a slow down or pause is just as bad imo.

>>54310855
If you deposit your money into a bank, the immediately converted to government paper. So yes, there's no reason to use a bank if that's all they do with it. Why not just get the full interest on it by doing it yourself? This has been a gigantic red pill for me. If USD is not in your hand then someone else is playing with it. Better to buy securities that you legally own. But make sure that those aren't being lent out by the brokerage too.

>>54310800
We are in a recession moron
>I was just larping
Kek

>>54310702
It is true. The FDIC is on the side of tech transes.

>>54309336
>-0.17

Not as bad as I . I'm surprised on days where I beat most/all global indices, like I'm doing something wrong.

>>54310870
Fucking grilled, jesus. Who was that guy?

poupée

>>54310922
>We are in a recession
>Latest estimate: 3.2 percent — March 24, 2023
nope

>>54310896
Didnt it show zero hikes for next year or am I wrong?

tell me again who jpow's boss is anon?

>>54311033

>>54310836
That changes all the time recently.

>>54310887
Fuck you, popchads rise up

>>54311031
Some want it to stay over 5% and some cut. You trying to say thats a pause? Something a year out thats financial poetry at best? Thats not a pause. A Pause is when the fed says theyre done. Not imaginary future events. Plus they will change it as needed.

Yes, if the central bank has been hiking rates for the past year and inflation is above normal rates, it would be unusual for the yield curve to have a hump where the yield decreases and then increases again.

In this situation, it is more likely that the yield curve would be upward-sloping, meaning that longer-term bonds have higher yields than shorter-term bonds. This is because higher short-term interest rates tend to make short-term bonds more attractive to investors, which can lead to higher demand for short-term bonds and lower demand for longer-term bonds.

If the yield curve is inverted despite the central bank's rate hikes and higher inflation, there may be other factors at play that are causing investors to prefer long-term bonds, such as concerns about the near-term economic outlook or geopolitical risks. It's important to consider all of the economic and market factors at play when analyzing the yield curve and making investment decisions.

>I dont understand yields

>>54310870
based oklahoma man

>>54310917
I mean, because you can't buy groceries with treasuries. Banks are primarily a service of convenience. Personally, I think it's totally logical to use your brokerage as your bank.

>>54310904
tech already had its beating, it fell quite a bit faster than SPY. most of them don't have much debt, which makes their exposure to interest rates minimal in the short term. It's only when the realization that unemployment is spiking that they'll dump. so far that hasn't happened yet.
but i get you, nvda in particular is just hype based on bitcoin + future inflation and le AI meme. until their future earnings reports show that the AI revenue is a joke the market can ignore it.
>market can remain irrational longer than you can remain solvent

>>54310905
Recessions on their own are not bullish obviously but we're in a special situation where the Fed is actively trying to induce one to get inflation back down. A rise in unemployment could seriously bring down inflation back to the Fed's target, which would leave them in the perfect position for them to stop the rate hikes or even engage in some more QE. Thus it would be bullish in this scenario, ultimately.

>>54311065
Can you lay out the case for AI being over hyped? I can't wrap my head around that at all

>>54310870
fucking christ...

>>54310800
This is the most delusional mumu shit I've seen here in a while
>Tails I win heads you lose
Nigga u dum.
>A recession is bullish, said the retarded mumu.

>>54311094
Don't come crying when we're at 4300 again and your beloved lows from last year are never revisited again.

>>54310984
James Lankford.

Sigh the rest of the year will be boring as hell. Thank god. Hit my divvy and share count number target for the year. Emergency fund is on track to hit it's goal. "Shat Happens" things are almost all done. Really all's left is paying down my debt.

>>54310922
>recession
>in the strongest economy ever
>with QE turned back on

>>54311082
do you think the demand for large language models is really going to justify a 150 PE for nvidia this next year?

I just think of them as a slightly better google, everyone already has search engines I'm not really seeing how that's going to double profits for the industry as a whole.

>>54311150
>QE
Kek. Mumus are insufferable.

>>54311146
well done anon.

>>54311146
what's up with reit's?

>>54311081
>we're in a special situation where the Fed is actively trying to induce one
this is not the first time, and it will not be the last
any hiking cycle, it's the same thing - the same goal(s)
I would not consider this situation "special" when we have been here many, many times over the last 50 years
>A rise in unemployment could seriously bring down inflation back
Corporate profits are more important than inflation.
If we see a sharp recession, which is very likely, it will destroy corporate profits.
It won't matter if inflation is moving back to the 2% goal if corporate profits are cut in half.
In every hiking cycle where inflation has been this high and unemployment this low, the Fed always overshoots and crushes the economy
It is necessary to crush the economy to kill inflation
But to say "The economy getting crushed is bullish" is ridiculous and wrong
Is inflation returning to near 2% bullish, for the long, long term? Yeah.
But is it bullish in the short or intermediate term? No. Corporate profits are more important than inflation for valuations.
Corporate profits are more important than interest rates for valuations.
Something else that you don't seem to realize is that it's not just either
>economy is crushed, inflation is kill
>economy is booming, inflation is booming
there is also STAGFLATION
which we are unironically already in, based upon PMI / ISM, where we are seeing massive contraction(s) and prices paid continues to rise
Economic activity is collapsing while prices are rising
They are not mutually exclusive

Year 2469 - SPY - 3950

EMBRACE THE ETERNAL CRAB

it's called the stock market but i don't put much stock in it

WHY IS THE YIELD CURVE INVERTED
>WHY IS THE YIELD CURVE INVERTED
WHY IS THE YIELD CURVE INVERTED
>WHY IS THE YIELD CURVE INVERTED

>>54311150
Zoom out jack.

>>54311063
>you can't buy groceries with treasuries.

No, but I can buy them with my credit card and pay it off when the 1month treasuries mature.

>>54311202
i refuse

>>54311204
How long has it been since the yield curve wasn't inverted?

>>54311180
>which we are unironically already in, based upon PMI / ISM, where we are seeing massive contraction(s) and prices paid continues to rise
>Economic activity is collapsing while prices are rising
I haven't been watching these recently but if they're tanking then it follows that what the other anon said about unemployment spiking is not far off.

>>54310870
what is bullshit is that SVB was not FDIC insured at all yet they still bailed out everyone. they bailed them out over the FDIC insured limit even. and now they are going to decide that small banks cant be insured even when they were FDIC insured?

>>54311146
>Sigh the rest of the year will be boring as hell. Thank god.
Based. Happy for you. Set new targets and keep going.

>>54311204
Please check it again anon.

>>54311024
Sorry you don’t understand economics. Makes sense for this board though

>>54311204
The yield curve just likes to have a lil fun every now and again.

>>54311222
Umm, lol, didn't mean to get trips there hehe, so I guess recession is back on the menu?

>>54311180
kek I knew you would come back with
>b-but STAGFLATION
This scenario can only really happen in a situation like the 1970s where you had burgeoning demographic trends all across the world. We don't have anything like that this time around. If anything, the deflationary impulse is much stronger given how different the demographic picture looks today.

>>54311163
I think nvidia is probably over priced, but I feel like you're missing the consequences of AI being given powers beyond chat. Right now we tell it, code me a webpage, and then we copy and paste it and fix the bugs. I think this year it'll be set up to just make the web page and then adjust it based on user feedback. Then apply that to everything.

>>54311251
You realize we're just going to crab between 390 and 410 for the next decade right?

>>54311235
Haha it likes to have fun here.

>>54311286
Divy and fixed income bros will win.

>>54311222
Unemployment sharply rising is not far off whatsoever, within 180 days
We're in an unusual dynamic here, where essentially during covid all employers struggled to find workers
They spent a lot of time and resources to get the workers they needed, a big struggle
After such a struggle, they have been hesitant to layoff workers unless it is absolutely necessary
If the recession is avoided, they don't want to lay off their workers unless they absolutely have to - they don't want to have to lay people off and then go through the same struggle of rehiring them again at even higher wages
However, after so many consecutive quarters where NEW ORDERS are sharply contracting and delivery times falling etc; they no longer need the workers, and can no longer justify employing them - when there is no backlog and new orders are falling off a cliff for many months in a row, you are finally willing to lay them off
>"Well, that's a good thing! Unemployment going back to healthy maximum employment will crush inflation!"
Yes.. it will crush inflation.. but it will also crush the economy. It will also crush the entire financial system. The banks learned literally absolutely nothing from 2008 and overleveraged on bad loans --- when unemployment rises, all of these loans will blow up, very similar to the 2008 MBS crisis
Just yesterday after a wedding, I was talking to a friend who works in lending - he was telling me that they are beyond fucked, as all of the loan officers commission structure practically industry wide was set up in a way that the greater the number of loan originations volume, the more they would be paid - it didn't matter the spread on the interest, how much money it would actually generate in profit for the bank, the credit worthiness of the loans --- just push out as many loans as possible

>>54311204
Actually that's another thing I've been watching recently, didn't Morgan Stanley guy say the yield curve steepening suddenly was very bad and itself an indicator of recession?

Like, there are all these little forest fires appearing and still mumus are bullish lmao

>>54311281
so it makes their developers a tiny bit more productive.
but if they fire half of their developers due to this, doesn't this reduce wages? where do those employees go since learn2code was the next big thing?

European more like you're a poopin.

>>54311251
>deflationary impulse is
Nigger are you actually mental? You just said we would go to 4300. Now you're talking about deflation. Sasuga fucking idiot mumu

>>54311343
The ECB will never recover from this.

>More like the ECPee

Pretty please can someone with a Bloomberg terminal post some CDS from other strategically important banks? been trying to get someone to do this for weeks

>>54311369
capital one

>>54311251
Even if we don't see stagflation - which we literally are already seeing, we are seeing economic activity decrease sharply while seeing prices increase sharply, the chain of events from unemployment rising to the levels required to crush inflation will absolutely destroy the economy and the financial system
>>54311322
https://youtu.be/8Kz4pm5l4Og?t=244
and just to be clear, fuck Elizabeth Warren - but the point that she made during this hearing still stands
that 11 out of 12 times the Fed has overshot, and we see the 'runaway' unemployment / economy destruction
and again, I cannot emphasize enough, that it doesn't fucking matter what the federal funds rate is if everyone is unemployed, nobody is spending money, loan defaults spike, and corporate profits are destroyed

>>54311329
No idea, but the companies that get paid for AI will make a ton. It's not just developers either. Did you read through the research paper for gpt4? It can look at an image and parse what's in it to an incredible degree. I don't think it's crazy to imagine that AI will be able to drive cars the same way humans do.
Fundamentally, my theory is this: economies grow fastest when they have an influx of new people. People have a lot of costs, though. If AI can really function as human brains for any given purpose, you get the economic gains from a hundred million new citizens without any of the costs.

>>54311343
Europeans are like some shitty regional bank, they are unimportant and should be allowed to fail

>https://www.wsj.com/articles/antisemitic-incidents-rise-to-new-high-report-says-3687ca77

>>54311163
>slightly better google
They're really more of a slightly worse Google. Just like Google except there's only a 70% chance it gives you and a 70% chance that answer is right while earning no ad revenue and not giving you good options to find the website you're looking for.

>>54311384
Thank you so much, that's exactly the graph I was looking for

>>54311410
I sure hope next winter is a cold one

>During the spring, bears in North America typically wake from hibernation near the beginning of April and as early as mid-march.
>Bears encountered suddenly are the primary reason for attacks. Studies done from bear attacks in Yellowstone National Park found that 99% of injuries from bears resulted in sudden encounters.

>And it’s not just hikers who need to be alert.
https://packyourtent.com/do-you-need-to-worry-about-bears-in-winter/?utm_content=cmp-true

>>54310742
Don't look at DASH.

>>54311415
new year new market

>>54311419
>>54311082
The chatgpt stuff gives you the answer. Thats much different than gogole giving you links to various answers. Chatgpt is arguably more powerful and more abusive since it gives you what you want (or think you want) as an answer and saves you the searching and reading through trash news articles.

1 bepis a day
Yay or nay?

>>54311281
There weren't any developers that coded webpages from scratch anyway these days. Everyone just uses WYSIWG editors unless the webpage is quite complex which a LLM wouldn't support anyway. It's good at coding stuff for university projects more than actual industry stuff.

>>54311322
>the credit worthiness of the loans --- just push out as many loans as possible
They don't have a choice, they can't make money now except through the interest on loans. This whole system is rotten and I hope it burns to the fucking ground tbqh.

Agree on unemployment btw. I'm waiting for it to get closer to 5% and really go short on the market but by then it may already be too late judging by this week.
It's possible unemployment may come in at 5% and the market will already have dumped as a result of banking being fucked and then unemployment coming in HIGHER than 5% after that will just take it to new lows that we haven't seen since the 30s.

>>54310061
Nah, Jerome is right. Banks are dead fucking scared and trying to shore up every last dime they can before earnings call to avoid looking insolvent. Nobody’s is giving loans this and the next coming quarter. Credit is tightening, and credit is 4/5 of the active money supply.

>>54311450
It gives you an answer you can't trust unreliably. Are you currently using chatgpt as Google? I know I'm not. In it's current state it's use is quite niche.

>>54311415
>3k
Those are baby numbers for the US's size

>>54311394
Yep, groceries haven't dropped by even a cent in cost yet the economy is going to shit. You nailed it on the head.

>>54311450
Personally, I've been using perplexity rather than chatgpt lately. Fucking great for just giving me a direct answer to any question

How much time do you guys spend eating food per day?
I mean all of it, cooking, sitting down to eat, eating, washing dishes

>>54311470
As a pure chat program maybe not, but imagine a wysiwyg service building an AI helper in.

>>54311507
Why are you asking

>>54310726
Powell wants the market to dump before the pivot, so everyone begs to be saved.

>>54311401
image recognition isn't terribly new. and gpt4 isn't going to help with auto-driving. tesla has done a lot of work on that but its still not close to being reliable enough to kill truckers jobs.
text RPGs, webpages, classifying images are really a tiny part of the economy, with little space to grow. I'd be more excited if amazon got drone deliveries working than any "AI" meme.

the claims of productivity improvement are sketchy, and only related to developers who aren't using their full 8 hours a day in the first place. making their lives 1% easier, not a impact on revenue

>>54311507
~3 hours

>>54311495
>t gives you an answer you can't trust unreliably
True which i why i wont use it. But im saying why others would. Its giving you an answer masked as authoritative. But if you do get a direct answer like >>54311504
is, I see it being even more popular.

>>54311507
45 minutes cooking/prep with 10-15 minutes of dishes per dinner. I cook for 3 and usually have lunch for 1 person as leftovers.

>>54311507
about an hour.

It doesn't take a lot of time to throw a ton of food in the oven or a slow cooker though and eat it all week. It is doing shit on the stove that will cost you time.

I'M GONNA
I'M GONNA
I'M GONNA PIVOOOOOOOOOOT

>>54311528
we need exit liquidity to dump

> It's so hard when you're not here with me
>Just how hard? I cannot say
>I just want to feel you next to me
>Really want you every day
>Baby, I just can't stand this
>Baby, I want to live
>Baby, don't leave me stranded
>I just want to enjoy my life

>Heigh Ho! ...
>I just want to stay with you

>>54311543
>t.

>>54311575
Is this the face of chatGPT?

>>54311394
>we are seeing economic activity decrease sharply
>US companies signalled a renewed expansion in business activity in March, according to the latest ‘flash’ PMI™ data from S&P Global. Output grew at a solid pace that was the fastest since May 2022 as demand conditions improved and new order growth returned. Manufacturers and service providers alike registered upturns in output, with service sector firms driving the increase. The headline S&P Global Flash US PMI Composite Output Index registered 53.3 in March, up notably from 50.1 in February.
good to know I'm just talking to another delusional zerohedge reading beartard

>rocker when all in on FRC
How's that working out for you?

>>54311586
how big your soxl bag?

>>54311496
Especially when you consider that all 3k of them are probably just Jews drawing swastikas on their own buildings to garner sympathy

>>54311588
Not the ChatGPT I'm talking to.... I hope

>>54311605
bitfart is my soxl, the way it moves might as well be the same thing

>>54311589
Unironically zoom out.
https://www.investing.com/economic-calendar/manufacturing-pmi-829

>>54311524
I eat one or two meals a day, and sometimes I feel like it takes me too long to get all the calories down. I'm wondering if I'm taking too long to achieve a good level of productivity.
For example today I had a coffee earlier and now I just cooked my food and sat down to eat everything, and I started a movie when I sat down to eat. The movie is 1 hour 28min in rn, and I'm about to finish eating.

>>54311548
>>54311554
>>54311566
Thanks, that sounds about right

>>54311543

your problem is that you're confusing self-driving with tesla's garbage meme cars. look at waymo and other if you want an actual self-driving car.

>>54311507
You can get a week's worth of food for 2-3 hours of wages, people need to stop being retarded with their money

>>54311619
why not the marathon or riots

>>54311603
You don't spend much time here do you? I had a limit order set to buy on Monday at $11.50 and it never triggered. Even if it did I would have sold the Tuesday pump. Nice try chud

>>54311616
HELLO SIRS I WOULD LIKE TO HELP YOU ANSWER YOUR QUESTIONS SIRS

I hope none of you own any DB.

>>54311323
https://www.youtube.com/watch?v=Haky3aYDPPA
Go to 6:00 if you don't want to watch the whole thing, but Jeff knows the bonds market so it's all worth a listen.

>>54311663
Press F for my niggas bagging DB over the weekend opening at 0

>>54311661
Well I've been flirting with ChatGPT, so....

>>54311657
I'm just watching that video of yours now, I don't see all the other stuff you do on here relax

>>54311652
As a Walmart wagie, it's fun looking through this and identifying the product.
That looks like a logitech PS4 steering wheel with a spider wire still attached to it. Retails about $150

>>54311574
yeah and he hasn't done a pivot yet

>>54311652
>ca is honestly considering paying these people millions
I fucking hate clown world

>>54309377
>buying options on friday
sometimes I wonder if people here have legit braindamage

>>54310908
because you need to keep those bonds for several months or years to collect the interest, you brainlet
which mean your money is not available

>>54311641
I don't know why anybody would ever want a self-driving car, driving is one of lifes simple pleasures.

>>54311734
So's cooking, but sometimes you just gotta order some 'za, you know?

>>54311507
0-1 hours. Fasting and one meal a day is economically god like. Winter season I'd do a 1 hour large prep of seasoning protein and throw it on the grill then eat 3-4 times a day. Fruit, yogurt, smoothies fill the satiation. Then buying from organic small businesses populated by cute young girls satisfies the remaining protein quotas and other weekly needs.

>>54311718
I want them to do it just because the second and third order consequences will be hilarious.

New
>>54307591
>>54307591
>>54307591

>>54311770
Based M.C. Escher baker.

>>54311657
Does Boeing anon have anymore news about FRC? Those put options look pretty tasty. I’m sure they will change by open on Monday but damn....

>>54311507
hard to say I often combine meal prep and make large quantities while freezing a lot of it for future meals. beginning to end I would estimate around 60 minutes average per day.

>>54311639
>he takes 1 hour and 30 mins to eat a meal
if im really enjoying a meal it takes me no more than 30 mins, otherwise its about 10 minutes to eat. cooking is about 15-30 mins.

old
>>54309277
>>54309277
>>54309277
>>54309277
>>54309277

>>54311748
...p-plz no

>>54311685
Attention all unit. The use of excessive force when apprehending black people has been approved”

>>54311683
It's ok peko-chan, I'm just busting chops
>>54311787
It wasn't Boeing anon, it was Bloomberg anon.

>>54311807
Wow that's the original version of the webm

>>54311828
>>54311828
>>54311828
>>54311828

>>54311806
I'm eating all the food I need for the day in one sitting

>>54311748
>>54311810
We already have the Chappelle's Show skit, fellas. No need to pay the real world costs: https://www.youtube.com/watch?v=FRZN7IzvCVs

>>54311734
Because i take enough six hour trips that I would get a lot from being able to not spend the full time driving

>>54311837
I'm what you'd call an oldfag

>>54311507
Let's see.
Breakfast is a meal replacement shake and coffee. 5 minutes prep, 20 minutes slurping both. Lunch is usually a bagel. No prep. 10-15 minutes eat. Supper is fried potatoes, eggs, some kind of meat for additional protein and flavor. 30 minutes prep, 30 minutes eat. Tea before bed, 5 minute prep 20 minute drink. 90-120 minutes?

>>54311652
They didn’t touch the watermelon? /pol/ lied to me?

>>54311846
2003 was like 20 years ago man

>>54311641
>look at waymo and other if you want an actual self-driving car.
Noone has higher than level 3 self driving license

>>54311845
what kind of meal are you making? whole chickens with two loaves of bread and a pot of soup?

>>54311850
Yeah, it's just that I made a shorter one and have been using that for a while

>>54311866
iraq was so hot then

>>54311118
wtf is the bullcase for 4300 lol, keep hearing this shit.

>>54312187
5000 by dec 2023

>>54311849
>not spend the full time driving
What's more likely to occur is you not even being allowed to make those trips at all because built in to the auto-driving is an emissions tracker.