Investing General Discussion
- Thread starter Furious
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Zzen
Potato del Grande
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For real. Can't these guys just NOT talk for like a few months or something... please? Can't their job just be shutting the fuck up? Maybe hire a dog to bite them any time they get near a microphone...
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Zzen
Potato del Grande
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Sanrith Descartes
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Tmac
Adventurer
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He didn't really say anything we don't all already know. If you thought the stock market taking a dive these last 5 months was going to make JP go omg inflation is fine now you really haven't been paying attention.
Sanrith Descartes
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The Fed has been saying it didnt exist/was "transitory" since 2021.
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Sanrith Descartes
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Zzen
Potato del Grande
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Isn't this literally like the exact shit he did with Trump? Every time the market heated up he would shit on it until he got yelled at so much he gave up. Unfortunately now inflation is too high for him to ignore it and Biden has probably forgotten there is a stock market.
Borzak
Silver Baron of the Realm
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Tmac
Adventurer
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IDK why these interviews are even done. He didn't say anything of value, minus taking a 180 degree position than what they've been saying for two years now, "Inflation is transitory, durrr...".
Posting the meeting agenda and nothing more would be more helpful than this.
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Tmac
Adventurer
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lolwat
Dude has been sitting on his hands for two years saying inflation wasn't a big deal.
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Gravel
Mr. Poopybutthole
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I feel like the VIX is one of those things that holds even less meaningfulness than technical analysis. Just look at the last six months of VIX versus what the stock market did and tell me that this is a valuable tool anymore.
Or are VIX values of 16 a sign that 3% daily swings are normal?
Sanrith Descartes
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It wasn't just JPM, I saw a number of companies report exec packages got voted down.
Sanrith Descartes
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I keep meaning to go back and track all the 3% swing days but I have been too lazy. It's really insane two years after black Monday and we are still getting these swings.
