Investing General Discussion

Sanrith Descartes

Sanrith Descartes

Von Clippowicz
<Aristocrat╭ರ_•́>
41,535
107,627
"Participants agreed there was 'little evidence' inflation pressures were subsiding and that it would take considerable time for situation to be resolved"

Transitory.
 
  • 2Like
  • 1Solidarity
Reactions: 2 users
Zog

Zog

Blackwing Lair Raider
1,729
2,250
Gravel said:
I don't understand this statement.
Click to expand...

They think inflation will go down because people think it will go down.

The fed is only effective if people think it's effective.

If I think the price of a Tesla will be cheaper in 2023 I won't buy it until 2023.
Causing demand destruction, lowering inflation.

If I think the price of a Tesla will be higher in 2023, I'm buying it asap, causing more inflation.

It's why the housing market is doing what it's doing, to a degree, not really a great example because rates are higher but still people assume the base cost of a house will be lower due to higher cost of a mortgage, so they are waiting.
 
Mist

Mist

Eeyore Enthusiast
<Gold Donor>
30,480
22,329
Gravel said:
So that'd be a super dovish statement. And yet the market didn't respond whatsoever.
Click to expand...
Keeping demand high while everything is still supply constrained doesn't have the normal upsides. Demand is still outpacing supply with the exception of cheap shit from Target and GPUs kek.
 
Gravel

Gravel

Mr. Poopybutthole
36,600
116,693
Edit: Nevermind, looks like he liquidated it all.

There's more to this story though, as to how he acquired $27M to start with (or rather, where his family and friends scrounged up that much). This isn't the headline it appears because he's already probably a trust fund baby.
 
Gravel

Gravel

Mr. Poopybutthole
36,600
116,693
Yeah, edited my post. Whole thing smells like shit. I wish I had people willing to just hand me $25M.
 
  • 1Like
Reactions: 1 user
Burns

Burns

Avatar of War Slayer
6,229
12,519
Sanrith Descartes said:
Apparently ZH is doing a follow up article today after they dig more.
Click to expand...
how-to-pump-and-dump-chicks-what-to-do-and-what-to-avoid.jpg

Zerohedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com

2022-08-18 16.39.37 www.zerohedge.com cec2f2b25b0a.png
2022-08-18 16.40.00 www.zerohedge.com 91996b83876c.png
 
  • 2Like
Reactions: 1 users
Mist

Mist

Eeyore Enthusiast
<Gold Donor>
30,480
22,329
SeanDoe1z1 said:
Avaya major pop

Mist Mist
Click to expand...
lol my employer sent out a "don't commit insider trading" email to everyone today but that doesn't really apply to us lowly engineers, we don't have anything more than public information. In fact, the contact center engineers, solution specialists/solution architects have all been sent the opposite signal: now would be a great time to dual skill into Microsoft/Genesys/Cisco.

But I seriously think if we could turn the apes onto this stock we could make a lifechanging amount of money.
 
Tmac

Tmac

Adventurer
<Gold Donor>
9,409
15,994
Mist said:
lol my employer sent out a "don't commit insider trading" email to everyone today but that doesn't really apply to us lowly engineers, we don't have anything more than public information. In fact, the contact center engineers, solution specialists/solution architects have all been sent the opposite signal: now would be a great time to dual skill into Microsoft/Genesys/Cisco.

But I seriously think if we could turn the apes onto this stock we could make a lifechanging amount of money.
Click to expand...

*pokes his 500 AVAYA dollars*
 
You must log in or register to reply here.