Investing General Discussion

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Big Phoenix

Pronouns: zie/zhem/zer
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Damn.

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Aldarion

Egg Nazi
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But our investing thread experts said this would all be okay!

I know I sound like a perma-bear, but a lot of the optimism in this thread makes me shake my head.
If the last 3 years havent taught us all the value of ""experts"" I dunno what to say
 

Zzen

Potato del Grande
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3,640
Imagine thinking rate hikes are done. Inflation is still fucking ripping in my housing market (ymmv). Bidding wars with 100 showings and multiple non-contingent offers in the first weekend with rates @ 7%.

Mortgage rates need to go to 8 - 9 % to tamp out inflation in the housing market. If rates go back down to sub 5%, house prices could go up by 30-40% again in the next few years.
 
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Sanrith Descartes

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This is the time to make some money in the bank sector if you got the balls for some risk. Dont touch the small regionals but look for the big banks getting crushed along with everyone else.
I have an order in for USB at $36.50 and JPM at $125.50
Im also looking to start a position in OXY at $57.25 (this is strictly a Warren Buffet play)

edit: USB filled
 
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OU Ariakas

Diet Dr. Pepper Enjoyer
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From LinkedIn, for investor idiots like myself.

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Jysin

Ahn'Qiraj Raider
6,545
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WAL and FRC are just getting smoked.

The risk for investors is the simple fact the FDIC (as well as Biden's comments this morning) basically saying depositors may be protected, but any investors will not be whatsoever. We are simply seeing flight out of those banks from investors who don't want their money to vanish should they be taken over by FDIC like SIVB.
 
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Sanrith Descartes

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WAL and FRC are just getting smoked.

The risk for investors is the simple fact the FDIC (as well as Biden's comments this morning) basically saying depositors may be protected, but any investors will not be whatsoever. We are simply seeing flight out of those banks from investors who don't want their money to vanish should they be taken over by FDIC like SIVB.
Keep an eye on MTB. Its a pretty chunky regional ($200b + in assets). It had been down 10% and has nearly filled the gap.