Stock Market/Investing/Day Trading/Speculative Trading Thread

[herbsinator]

Yeesh.

Almost nobody is making loans right now.

 

[Pepe Silvia]

https://www.fitchratings.com/research/sovereigns/fitch-downgrades-united-states-long-term-ratings-to-aa-from-aaa-outlook-stable-01-08-2023#:~:text=Fitch%20Ratings%20%2D%20London%20%2D%2001%20Aug,been%20affirmed%20at%20'AAA

 

[BingoDingo]

https://www.fitchratings.com/research/sovereigns/fitch-downgrades-united-states-long-term-ratings-to-aa-from-aaa-outlook-stable-01-08-2023#:~:text=Fitch%20Ratings%20%2D%20London%20%2D%2001%20Aug,been%20affirmed%20at%20'AAA

View attachment 25544

So debt, interest rates, and political divisions around the debt ceiling? Oh, no big deal...those are super, super easy simple and the people in charge are definitely the right folks to handle those challenges...

 

[Toe]

So debt, interest rates, and political divisions around the debt ceiling? Oh, no big deal...those are super, super easy simple and the people in charge are definitely the right folks to handle those challenges...

 

[Faux Sean Callahan]

So debt, interest rates, and political divisions around the debt ceiling? Oh, no big deal...those are super, super easy simple and the people in charge are definitely the right folks to handle those challenges...

 

[BingoDingo]

Good. Good.

 

[22*43*51]

 

[Faux Sean Callahan]

Added to my position in $LLY back in February at 332/share..

Today...



Up 17% today $530/share

 

[BingoDingo]

Added to my position in $LLY back in February at 332/share..

Today...



Up 17% today $530/share

Jesus... beautiful

 

[BingoDingo]

Would suck to be Russia.

 

[Jim14510]

Would suck to be Russia.

What was the most stable currency through covid/inflation?

 

[BingoDingo]

What was the most stable currency through covid/inflation?

The Swiss Franc.

 

[Faux Sean Callahan]

Smaller holding, but has been a big winner this year for me

 

[BingoDingo]

I'm not sure the Fed will match the expectations for cuts early in Q12024, but demand reduction and future cuts feels a whole lot better than demand destruction and future increases, lol.

 

[Faux Sean Callahan]

Another good earnings call from $YETI too.

 

[BingoDingo]

Another good earnings call from $YETI too.

Oh jeez. Relative weight adjustments are not massaging numbers. Also, if you were to track aggregate prices independently, you'd get similar aggregate inflation numbers...you'd prob actually come in lower than the Feds numbers. There are 3rd parties like Truflation that track independently as well.

 

[Faux Sean Callahan]

 

[Faux Sean Callahan]

 

[RedSavage]

Oh jeez. Relative weight adjustments are not massaging numbers. Also, if you were to track aggregate prices independently, you'd get similar aggregate inflation numbers...you'd prob actually come in lower than the Feds numbers. There are 3rd parties like Truflation that track independently as well.

I mean I'm no rocket scientist but when I look at this and many of the other FRED chart's it sure as shit doesn't look like it's coming down to me

 

[Jim14510]

I mean I'm no rocket scientist but when I look at this and many of the other FRED chart's it sure as shit doesn't look like it's coming down to me

Do you spend the same amount on housing as you do office supplies? That's the point of weighting.

It's govt so they probably fuck with it a little bit in their favor but most of the changes are for legit reasons.

3.2% for the year is pretty close to normal. I'm not sure deflation would be a positive at this point.