OT: American Politics

[hockeylover]

View: https://x.com/carolleonnig/status/1819315673102770329?s=46&t=moEoHBmqH0l4NE3F_49J3Q

 

[hockeylover]

View: https://x.com/kylegriffin1/status/1819301026446356621?s=46&t=moEoHBmqH0l4NE3F_49J3Q

This is so funny bc it’s only July 21st-July 31st for Kamala and includes Trump getting shot at and the RNC

 

[zeke]

View: https://x.com/carolleonnig/status/1819315673102770329?s=46&t=moEoHBmqH0l4NE3F_49J3Q

Missing in that headline is Barr covering it up and shutting it down. High time there was an investigation into Barr's time as AG.


View: https://x.com/scarylawyerguy/status/1819333361376068092

 

[zeke]

View: https://x.com/axios/status/1819341448484901353

 

[mbow30]

Not sure which is better. But those are damn good pics.

Her humanity constantly shines through. She needs to keep that up. It’s one of the reasons Hilary lost to a person who has none of it.

 

[hockeylover]

View: https://x.com/simone_biles/status/1819284274224173147?s=46&t=moEoHBmqH0l4NE3F_49J3Q

 

[CH1]

No black jobs this month



View: https://x.com/kylewoodley/status/1819350251825770648?s=46&t=ZFoeJpONFeL00lgZvCrr2Q

 

[Preston]

QQQ already down 11% from the recent all-time high after poor job data today.

 

[CH1]

We might see a .50 cut in September

/long TLT calls

 

[Preston]

Qqq down 6% since yesterday morning. Less than 24 hours ago. Haven't seen a dump this intense in a long long time. And it's all money leaving the market; no rotation.

 

[CH1]

Qqq down 6% since yesterday morning. Less than 24 hours ago. Haven't seen a dump this intense in a long long time. And it's all money leaving the market; no rotation.

Yeah. Small caps down almost 4% this am after getting killed yesterday

 

[Preston]

Yeah. Small caps down almost 4% this am after getting killed yesterday

Iwm down 9% since Tuesday which is officially a lifetime ago. Fucking wild.

 

[trujaysfan]

Regular cyclical nature of investing?

 

[CH1]

Regular cyclical nature of investing?

Pretty much. Market players throw tantrums when they think Federal Reserve isn’t moving quickly

 

[Preston]

Regular cyclical nature of investing?

Some fairly strong signs that the economy is slowing in recent days/weeks; between McDonald's revenue decline, amazons poor showing, job data, etc. there's enough there for people to be pulling money out of the market till things stabilize. And it's a hive mentality. Price action fuels emotions which fuels further selling. Some fears that they waited too long to cut rates.

 

[trujaysfan]

Some fairly strong signs that the economy is slowing in recent days/weeks; between McDonald's revenue decline, amazons poor showing, job data, etc. there's enough there for people to be pulling money out of the market till things stabilize. And it's a hive mentality. Price action fuels emotions which fuels further selling. Some fears that they waited too long to cut rates.

So regular cyclical shit. If anything it is a buying time.

Bigger fed cuts will come soon

 

[zeke]

Fed really fucked up here. And blatantly. Hope they aren't trying to put their finger on the scale.

 

[mbow30]

Market movers, man.

“We price for the long term view”

“Long term view changes every day”.

 

[Preston]

So regular cyclical shit. If anything it is a buying time.

Bigger fed cuts will come soon

Historically yeah, it's always a buying opportunity. The question is how long this will last and how far we will fall. Remember, we went up like 65% from the 2022 lows so we've been slowly pricing in cuts for a long while now. The market is forward looking. The market taking a breather is never a bad thing and is mandatory for further continuation.

 

[trujaysfan]

Historically yeah, it's always a buying opportunity. The question is how long this will last and how far we will fall. Remember, we went up like 65% from the 2022 lows so we've been slowly pricing in cuts for a long while now. The market is forward looking. The market taking a breather is never a bad thing and is mandatory for further continuation.

I would also say the McDonald's stuff is easily explainable... they lowered portion size, jacked up prices to the point it was no longer a better option than a sit down spot. Outside of major cities you are likely to find a bar or other restaurant where you can get a burger and fries with $10 vs McDonald's $15 combos.