OK you wise guys - make your call on the 2022 low right here

I traded PTON Friday for about .75 cents. I bought at 25.09 and sold at 25.85 on 900 shares.
It went up over 2 more points to 28 and change but I wasnt wearing out my welcome.

And how does that trade relate at all to you spamming the board with crash calls ? What are you shorting in the Nasdaq right now ? Put your money where your mouth is. Why are you long anything if you truly believe markets are about to crash ?
 
You don't even seem to be aware of actual policy. Are you not aware what tapering is ? What on earth do you think interest rate hikes are all about ?

Ok let's look at Canada. QE ended at least 6 months ago. Did everything go to shit ? Actually, our market hit a new ATH last Monday. Our employment levels exceed February 2020 by a decent margin ( versus the US still 3 million more to go ). Now Main Street US may indeed have problems. I'm not sure how that translates to markets at all. The US has butchered Covid policy and the Republicans apparently are vetoing almost every piece of legislation they can. It's what Americans want I guess.


Oh no, I am very aware of the actual policy Nine. I get QE ending. I get tapering. I get hiking interest rates. Yada yada yada.

I am asking you this: If an economy grows at [3%] annually, but its government prints money at a [30%] rate annually, how on earth can there NOT be inflation in the long run, more/less to the tune of 27% over the very long run? No amount of the central bank hiking interest rates, increasing reserve requirements, etc. etc. etc. will fix that in the long run. Or if you disagree, can you explain how?

Thanks!
 
...

I am asking you this: If an economy grows at [3%] annually, but its government prints money at a [30%] rate annually, how on earth can there NOT be inflation in the long run, more/less to the tune of 27% over the very long run? No amount of the central bank hiking interest rates, increasing reserve requirements, etc. etc. etc. will fix that in the long run...

Counter-question to you...

What WILL fix it in the long run?
 
From what I gather, they are starting to address that? This is where @piezoe comes to my rescue? Heh


They are starting to address that... they are starting to address that... they are starting to address that.... how? By trying to pass a NEW stimulus package to the tune of TWO TRILLION?!?! And that is ON TOP of them already printing money at like an unbelievable 25 to 30 % annual rate is the last I read.

So, you were saying about them starting to address that? :)
 
...By trying to pass a NEW stimulus package to the tune of TWO TRILLION?!?! And that is ON TOP of them already printing money at like an unbelievable 25 to 30 % annual rate is the last I read.

So, you were saying about them starting to address that? :)

They are stopping their treasury purchases, and will be shrinking the balance sheet, and raising interest rates?

In your view, how do they stop "spending money like drunken sailors"? What do they have to do?
 
They are stopping their treasury purchases, and will be shrinking the balance sheet, and raising interest rates?

In your view, how do they stop "spending money like drunken sailors"? What do they have to do?
I guess he means the govt side while you refer to the FED but in the end it's the same mule. If the govt wants to cut spending it will crash it's economy so they won't. I say we will have a new QE soon and the Fed is just crashing the market for an excuse to do so.
 
I guess he means the govt side while you refer to the FED but in the end it's the same mule. If the govt wants to cut spending it will crash it's economy so they won't. I say we will have a new QE soon and the Fed is just crashing the market for an excuse to do so.

Lol. Please do new QE. Let's get this market cut in half quicklike.
 
They are stopping their treasury purchases, and will be shrinking the balance sheet, and raising interest rates?

In your view, how do they stop "spending money like drunken sailors"? What do they have to do?


So, your first sentence right there. "They are stopping their treasury purchases". Do you think that will hold up? The U.S. government is issuing bonds to finance their out of control spending, to the tune of 30% or so new dollars every year (likely to get bigger), can you imagine what will happen if the Fed does not step up to buy a big portion of those bonds? Interest rates go THROUGH THE ROOF. And that both kills the economy, and means the U.S. government will be spending that much more to finance their drunken, crazed spending. The Fed will never let that happen, they will never let interest rates go to 20% because they are not acting. They will be forced, one way or another, to keep buying those bonds to keep interest rates down. All the Fed's increasing bank interest rates, increasing margin requirements, yada yada yada cannot do squat in comparison to a government spending at a clip that increases the money supply to the tune of 30% or more yearly.

All just IMO of course, but its all true unless someone can explain things to be differently, logically...
 
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