Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
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Dunno but I bought at the top of the market like 1.5 years ago and was happy to bail out today and end up net positive.
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Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Dunno but I bought at the top of the market like 1.5 years ago and was happy to bail out today and end up net positive.
Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
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Big Phoenix
I diamond handed long enough, now I just want my money back. I doubt this goes much farther past $300The arrow is roughly where I bought it, expecting it to swing up again.
Big Phoenix
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Sanrith Descartes
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I hadnt checked on RIVN in a while. Had no idea they were down 93% from their high.
finance.yahoo.com
Rivian’s Troubles Don’t End at a 93% Wipeout
(Bloomberg) -- The relentless erosion in Rivian Automotive Inc.’s share price is revealing an ugly truth: Investors have little faith left in the ability of the Amazon.com Inc.-backed company to compete in a crowded electric-vehicle market.Most Read from BloombergJPMorgan Ends First Republic’s...
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Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
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Sanrith Descartes
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ToeMissile
Pronouns: zie/zhem/zer
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Yeah, rough times but not really unexpected. New auto OEM + EV + Covid + ?I hadnt checked on RIVN in a while. Had no idea they were down 93% from their high.
Rivian’s Troubles Don’t End at a 93% Wipeout
(Bloomberg) -- The relentless erosion in Rivian Automotive Inc.’s share price is revealing an ugly truth: Investors have little faith left in the ability of the Amazon.com Inc.-backed company to compete in a crowded electric-vehicle market.Most Read from BloombergJPMorgan Ends First Republic’s...
I hope they can pull it together.
Sanrith Descartes
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Break
Golden Baronet of the Realm
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Sanrith Descartes
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Gravel
Mr. Poopybutthole
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The U.S. could hit the debt ceiling by June 1, much sooner than expected, Yellen warns
The U.S. could fail to meet its debt obligations sooner than expected, adding pressure to stalled talks between the White House and Congress.
Sanrith Descartes
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The way the gubmint spends our money, how could this be a surprise to anyone?The U.S. could hit the debt ceiling by June 1, much sooner than expected, Yellen warns
The U.S. could fail to meet its debt obligations sooner than expected, adding pressure to stalled talks between the White House and Congress.www.cnbc.com
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Sanrith Descartes
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So another bank failed due to... Wait for it... Really shitty management decisions. I'm seeing a trend.
finance.yahoo.com
First Republic’s Jumbo Mortgages Brought On Bank’s Failure
(Bloomberg) -- The seeds of First Republic Bank’s downfall were sown in the jumbo mortgages of Silicon Valley, where a unique strategy to loan wealthy individuals extraordinary sums of money blew up in spectacular fashion.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC...
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Sanrith Descartes
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Zzen
Potato del Grande
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Jysin
Ahn'Qiraj Raider
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Regional banks all getting slaughtered this morning. KRE (regional bank ETF) hitting Nov2020 lows.
Australia did a surprise rate hike. Expectations were for a hold. Stickier inflation data showing up all over Europe. All eyes on the Fed tomorrow. The sooner the markets throw out these rate cut expectations for 2023 and price in a recession, the sooner we can just resolve the next phase of this cycle. Let's also not forget the debt ceiling drama is just starting. Yellen says we are out of funds by June 1st.
Australia did a surprise rate hike. Expectations were for a hold. Stickier inflation data showing up all over Europe. All eyes on the Fed tomorrow. The sooner the markets throw out these rate cut expectations for 2023 and price in a recession, the sooner we can just resolve the next phase of this cycle. Let's also not forget the debt ceiling drama is just starting. Yellen says we are out of funds by June 1st.
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