Gravel
Mr. Poopybutthole
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That to me says it's entirely tech driven. Small and mid caps probably getting crushed on the actual news while the big tech companies keep the indices afloat.
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Investing General Discussion
- Thread starter Furious
- Start date
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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!
Ranak
Molten Core Raider
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Today is the highest my portfolio has been in over a year. I'm sure EOD will slide into tomorrow, though. Been holding a decent amount of small/midcap tech like SOFI/UPST/ROKU/AFRM/FOUR/SHOP that have all bounced nicely the past several sessions.
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Sanrith Descartes
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Sanrith Descartes
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My take is big money understands that we won't actually "default". There is more than enough tax revenues to pay the actual debt (principal and interest). It's those pesky Federal employees who are much lower on the priority list who should start to be feeling their bungholes pucker about a no deal.
Sludig
Potato del Grande
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I would love a fed shutdown, we don't get backpay as contractors like feds usually do, but I think I have 170 hours vacation, so I could use a month or 2 to finish getting my farm figured out.;
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Sanrith Descartes
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Latest debt ceiling updates. Looks like they are starting to move in the right direction. What is this pharmacy manager stuff they are negotiating?
Big Phoenix
Pronouns: zie/zhem/zer
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Priced in.
apnews.com
FACT FOCUS: Fake image of Pentagon explosion briefly sends jitters through stock market
A fake image purportedly showing an explosion near the Pentagon has been widely shared on social media, sending a brief shiver through the stock market. But police and fire officials in Arlington, Virginia, said Monday that the image isn't real and there was no incident at the U.S. Department of...
apnews.com
Sanrith Descartes
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Treasury piggy bank down to $60b. It drained $80b over the last week. At last week's rate of spend, it doesnt have enough cash to go another week. Also, dont dscount the impact the Treasury dumping a gazillion dollars of debt on to the market will have on market liquidity as everyone rushes to buy it.
finance.yahoo.com
The Treasury Department could issue $700 billion in T-bills within weeks of a debt-ceiling deal, draining liquidity from markets
On Friday, the Treasury General Account was $60.7 billion, down from $140 billion just a week prior.
OU Ariakas
Diet Dr. Pepper Enjoyer
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Treasury piggy bank down to $60b. It drained $80b over the last week. At last week's rate of spend, it doesnt have enough cash to go another week. Also, dont dscount the impact the Treasury dumping a gazillion dollars of debt on to the market will have on market liquidity as everyone rushes to buy it.
The Treasury Department could issue $700 billion in T-bills within weeks of a debt-ceiling deal, draining liquidity from markets
On Friday, the Treasury General Account was $60.7 billion, down from $140 billion just a week prior.
Assuming the debt limit ceiling is raised (it will be) is a rush to buy new debt a bad thing?
Mist
REEEEeyore
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They just want you to believe those obviously fake pictures are fake.Priced in.
FACT FOCUS: Fake image of Pentagon explosion briefly sends jitters through stock market
A fake image purportedly showing an explosion near the Pentagon has been widely shared on social media, sending a brief shiver through the stock market. But police and fire officials in Arlington, Virginia, said Monday that the image isn't real and there was no incident at the U.S. Department of...
Sanrith Descartes
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If you put stock in analysts. BofA says that type of luquidity flush will be the market equivalent of 25 basis point hike...
"That will pull liquidity out of financial markets. In a separate note, analysts at Bank of America recently said that would have an equivalent impact on the economy as a Federal Reserve rate hike of 25 basis points."
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Hateyou
Not Great, Not Terrible
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It’s just been an ongoing thing with government and PBMs that has ramped up this year. Federal govt blames PBMs for rising costs, wants price transparency. No one understands the rebate system that PBMs and pharma suppliers use. Nothing new, it’s been going on for years but it has ramped up this year, I’m assuming due to drug prices going up the last couple years but that’s in every industry so idk why they’re focusing harder on it the past couple months.
Comer Launches Investigation into Pharmacy Benefit Managers’ Role in Rising Health Care Costs - United States House Committee on Oversight and Accountability
United States House Committee on Oversight and Accountability
Jysin
Ahn'Qiraj Raider
- 6,457
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TLT is worth eyeing again. Down to support levels here, but likely gets crushed lower on the flood of T-bills due after the debt ceiling is resolved. This will have a big move to make once we actually pause and eventually start cutting rates. I just dont think it as soon as the market thinks. Good to just layer into trades like these. Last I posted about buying into TLT here we were in the low 90s. It made a good run from there.
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Sanrith Descartes
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Sanrith Descartes
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Sanrith Descartes
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stupidmonkey
Not Smrt
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