Investing General Discussion
- Thread starter Furious
- Start date
Jysin
Ahn'Qiraj Raider
- 6,278
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15:11 (US) Fed's Mester (FOMC voter, hawk): Own view is we don't need to go to a 75bps hike at this time; Everything is always on the table; Would support 50bps hike at May meeting and a few more after - CNBC interview
- Would favor doing 50bps hike earlier on in rate hike path
- I'd like to get to neutral of 2.5% by end of the year; Wants to be very deliberate and intentional
- Things other than monetary policy are affecting inflation
- Wants to see tighter conditions though not all at once; Goal is to bring inflation under control but also sustain expansion and labor markets
- Confident we can put inflation on downward trajectory and keep expansion going
- Likely will take a couple years to return to 2% inflation target; That's OK as long as inflation is moving lower
- May need above neutral rates if prices don't ease; May have to calibrate or see what effects of balance sheet reduction will be on economy once rates are at neutral
- Would favor doing 50bps hike earlier on in rate hike path
- I'd like to get to neutral of 2.5% by end of the year; Wants to be very deliberate and intentional
- Things other than monetary policy are affecting inflation
- Wants to see tighter conditions though not all at once; Goal is to bring inflation under control but also sustain expansion and labor markets
- Confident we can put inflation on downward trajectory and keep expansion going
- Likely will take a couple years to return to 2% inflation target; That's OK as long as inflation is moving lower
- May need above neutral rates if prices don't ease; May have to calibrate or see what effects of balance sheet reduction will be on economy once rates are at neutral
Blazin
Creative Title
- 6,414
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425 should be a decent support but last two days supports haven't meant jack. Losses 425 and its going to test correction lows . Since the beginning of this correction I've felt that 380 is a possibility that shouldn't be ignored. I still think people read too much into it, however I don't believe we are rolling into a steeper decline, not saying it's impossible but that it is not my base case and there are a lot of factors that I think point to sub 380 being unlikely during this corrective phase. This process of bouncing from 420s to 450s could last through June at that point the moving average picture would start getting ugly and it would be time for S&P to shit or get off the pot.
I have a quarter mill that I will add between 380-420, if I'm wrong I'm wrong. I'm outperforming the market by over 13% and if that outperformance becomes down 20% instead of down 33% then so be it. The macro back drop really matters for decision making here, I don't believe the secular bull market is over. Like bull markets do it will painfully test you, getting from point a to b in 13-18yr cycle is never going to be a straight line.
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Tmac
Adventurer
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Sanrith Descartes
Von Clippowicz
- 41,536
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I picked a good week to be on vacation. Sometimes the best trade is not making a trade. I'll reassess on Monday morning and see if I am still sitting pat or if there is something that looks tempting and oversold.
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I got 500k from a house closing sitting in cash.. kinda liking the crash atm, just need to decide what to put it into.
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Jysin
Ahn'Qiraj Raider
- 6,278
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Cathie’s next big bet.
Cathie Wood Says Fed Won’t Hike as Much as Market Priced In
Cathie Wood Says Fed Won’t Hike as Much as Market Priced In (1)
Cathie Wood Says Fed Won’t Hike as Much as Market Priced In
Cathie Wood Says Fed Won’t Hike as Much as Market Priced In (1)
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Kiroy
Marine Biologist
- 34,673
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Sludig
Golden Baronet of the Realm
- 9,081
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Not sure if its news worthy for stocks but OK passed some incentive measures etc for Panasonic to build a big battery factory nearby to me. Not sure if its andone deal that they will build.
Hopefully a boon for me just driving house price up as area already was getting tight.
Hopefully a boon for me just driving house price up as area already was getting tight.
Furry
WoW Office
- 19,681
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Pretty sure nobody in this thread knew what an Ibond was more than a month ago. The idea of owning a bond was pretty much puke inducing prior to this year.
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Zog
Blackwing Lair Raider
- 1,729
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Every comment section, every board, every option chain is all bearish and positioned as so. All this on the feds words, while still only having a .25 rate hike actually in effect with still negative real rates.
I bought the bottom of Fridays sell off in tqqq, it's in gods hands at this point.
I bought the bottom of Fridays sell off in tqqq, it's in gods hands at this point.
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Sanrith Descartes
Von Clippowicz
- 41,536
- 107,628