Exactly what I was talking about. Market goes down less than 2% and Fed speakers backtrack on all the tapering talk. All in advance of Jackson Hole. The Fed cannot taper, cannot reduce the balance sheet, cannot allow market interest rates. Yellen needs Powell to monetize the debt. Or guess what?
Ghost of Igloi wrote:
Exactly what I was talking about. Market goes down less than 2% and Fed speakers backtrack on all the tapering talk. All in advance of Jackson Hole. The Fed cannot taper, cannot reduce the balance sheet, cannot allow market interest rates. Yellen needs Powell to monetize the debt. Or guess what?
and you are betting that the Fed *won't* monetize the debt?
agip wrote:
Ghost of Igloi wrote:
Exactly what I was talking about. Market goes down less than 2% and Fed speakers backtrack on all the tapering talk. All in advance of Jackson Hole. The Fed cannot taper, cannot reduce the balance sheet, cannot allow market interest rates. Yellen needs Powell to monetize the debt. Or guess what?
and you are betting that the Fed *won't* monetize the debt?
Stocks only go up
agip wrote:
Ghost of Igloi wrote:
Exactly what I was talking about. Market goes down less than 2% and Fed speakers backtrack on all the tapering talk. All in advance of Jackson Hole. The Fed cannot taper, cannot reduce the balance sheet, cannot allow market interest rates. Yellen needs Powell to monetize the debt. Or guess what?
and you are betting that the Fed *won't* monetize the debt?
No. They are already monetizing the debt. I am betting valuations matter, and Fed recklessness will be a disaster for markets, and most assets.
ok.
anyway, another round of all time highs, today in the SP500 and NASDAQ.
Huah.
Racket, PhD wrote:
agip wrote:
and you are betting that the Fed *won't* monetize the debt?
Stocks only go up
And residential real estate, and crypto, and junk bonds, and Treasury bonds, oh and used cars. Even my 2016 Porsche is up 20% over the past year.
😹
agip wrote:
ok.
anyway, another round of all time highs, today in the SP500 and NASDAQ.
Huah.
Going backpacking with my son for three days. Enjoy the new market highs folks! Hopefully we will get above the forrest fire smoke.
Igy
Have a safe and fun trip, Igy.
Sounds like a lot of fun.
Ghost of Igloi wrote:
agip wrote:
ok.
anyway, another round of all time highs, today in the SP500 and NASDAQ.
Huah.
Going backpacking with my son for three days. Enjoy the new market highs folks! Hopefully we will get above the forrest fire smoke.
Igy
Remember when you said poor people were poor because they're all lazy?
Remember any of the cartoonishly racist things you've said over the past decade?
Remember your actually, not even jokingly retarded reasons for supporting Trump and ludicrous Hunter Biden conspiracies?
Now imagine thinking I'd wish you well. Keep imagining it, because that's the only place it'll happen - in your retarded fairly-tale boomer fantasy world (where apparently a Cayman is also considered a real Porsche lmao).
Stocks only go up, b!tch.
I love this place.
Racket, PhD wrote:
Ghost of Igloi wrote:
Going backpacking with my son for three days. Enjoy the new market highs folks! Hopefully we will get above the forrest fire smoke.
Igy
Remember when you said poor people were poor because they're all lazy?
Remember any of the cartoonishly racist things you've said over the past decade?
Remember your actually, not even jokingly retarded reasons for supporting Trump and ludicrous Hunter Biden conspiracies?
Now imagine thinking I'd wish you well. Keep imagining it, because that's the only place it'll happen - in your retarded fairly-tale boomer fantasy world (where apparently a Cayman is also considered a real Porsche lmao).
Stocks only go up, b!tch.
Racket, those in glass houses… reread your comments and report back whether you’ve set a higher standard than igy’s racist posts.
Racket, PhD wrote: (where apparently a Cayman is also considered a real Porsche lmao).
the only people who say this are Camry drivers trying really hard to sound cool
doc idiot wrote:
Racket, PhD wrote:
Remember when you said poor people were poor because they're all lazy?
Remember any of the cartoonishly racist things you've said over the past decade?
Remember your actually, not even jokingly retarded reasons for supporting Trump and ludicrous Hunter Biden conspiracies?
Now imagine thinking I'd wish you well. Keep imagining it, because that's the only place it'll happen - in your retarded fairly-tale boomer fantasy world (where apparently a Cayman is also considered a real Porsche lmao).
Stocks only go up, b!tch.
Racket, those in glass houses… reread your comments and report back whether you’ve set a higher standard than igy’s racist posts.
Done.
Conclusion - Yes.
Any other questions?
kirkandorules wrote:
Racket, PhD wrote: (where apparently a Cayman is also considered a real Porsche lmao).
the only people who say this are Camry drivers trying really hard to sound cool
Uh no, the only people who consider a Cayman (or Boxster for that matter) to be a real Porsche are the hairdressers that drive them who are trying really hard to be cool.
No one has ever bought a Camry to sound "cool." They buy a Camry to sniff their own farts about how a car with an uninspiring basic naturally aspirated engine with absolutely no driver features and basic creature comforts lasts a really long time. Yeah, no sh!t, there's nothing on it to break in the first place, and nothing on it to enjoy either.
seattle prattle wrote:
I love this place.
You and agip are my only friends now.
doc idiot loves me too he just won't admit it
Racket, PhD wrote:
seattle prattle wrote:
I love this place.
You and agip are my only friends now.
doc idiot loves me too he just won't admit it
I think i am drawn to your academic credentials more than anything. That unabashed humility, just leaves me so ... aghast!
where' the Maserati? Anyone heard anything in that regard?
seattle prattle wrote:
Racket, PhD wrote:
You and agip are my only friends now.
doc idiot loves me too he just won't admit it
I think i am drawn to your academic credentials more than anything. That unabashed humility, just leaves me so ... aghast!
where' the Maserati? Anyone heard anything in that regard?
He's busy in Jackson Hole right now running the World Economy with the rest of the Illuminati
Fantastic. If you see him, tell him we're thinking of him, and to keep up the good work.
Right, Igy?
Racket, PhD wrote:
Ghost of Igloi wrote:
Going backpacking with my son for three days. Enjoy the new market highs folks! Hopefully we will get above the forrest fire smoke.
Igy
Remember when you said poor people were poor because they're all lazy?
Remember any of the cartoonishly racist things you've said over the past decade?
Remember your actually, not even jokingly retarded reasons for supporting Trump and ludicrous Hunter Biden conspiracies?
Now imagine thinking I'd wish you well. Keep imagining it, because that's the only place it'll happen - in your retarded fairly-tale boomer fantasy world (where apparently a Cayman is also considered a real Porsche lmao).
Stocks only go up, b!tch.
Your arrogance Trumps reason. You will never achieve in your lifetime what I have done for minorities.
Racket, PhD wrote:
seattle prattle wrote:
I love this place.
You and agip are my only friends now.
doc idiot loves me too he just won't admit it
I feel slighted.