Investing General Discussion

This is bullish for stocks?

Creslin said:

This is bullish for stocks?

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Could be if the market thinks the Fed will pivot.

Sanrith Descartes said:

Hey Fogel remember VLDR?

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I just looked when I saw your post. Oooff.jpg

We bailed at what, 12.00?

Creslin said:

This is bullish for stocks?

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If this year has taught me anything, its that no matter what happens in the world or the market, there is a bigass group of people who think its bullish for stocks. And will probably chime in right after my post explaining why yes this is bullish and today is obviously the day to buy.

The thing is, once you realize that this is the case for all events no matter what, you stop caring what their rationalization is

Mist said:

You can't have "stagflation" with >two open job positions for every applicant.

There may not be a historical context for what we've done or what we're going into. The supply constraints and the 2 years of rampant M2 money printing combined make for a terrible situation, and yet the economy is still basically functioning "fine", in that people have jobs and demand for basically everything, from goods to services to labor, remains significantly higher than supply.

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Demand is up, potentially (and probably likely), because the cost of borrowing is significantly lower than inflation.

Everyone is pulling buying forward because it's cheaper to do so than to wait a year and eat the inflation cost on top of it.

It's why I keep repeating that inflation begets more inflation. If you're a farmer who needs a new tractor, or fertilizer for next season, you buy that shit now, on credit if you have to, because the gap between inflation and borrowing is at a minimum 5-6%.

I'm in the camp of there's a lot of money that has filtered in after being poured into the economy trillions at a time, it has to go somewhere.

Market is up, but volume is really low.