Still think TITNC3: Return of the Iceberg was peak

I believe you meant constipation

 

Oh, goody.

 

consternation

 

That too, but I meant consolation stupid words.

 

Maybe. The fed isn't gonna pivot at 7 when their target is 2. Huge chance they pivot way before their target but if they haven't pivoted yet it doesn't mean much. Lookin like a bull trap

 

And we still haven't experienced the effects of the velocity that holiday spending could create. Not sure that would show up in .gov reported inflation rates, but there's gonna be a whole lot of spending on travel(+higher fuel costs to do so), food, gifts... . This would make sense at the end of Q1 23 or start of Q2 but now it's just gotta be a bluff

 

Haven't you heard? Christmas has been canceled Charlie Brown!

I don't see holiday spending being anywhere close to what retailers would like to see.

Travel might be busy post lock down. Weather will probably prevent a lot of people from getting to where they want to go, but they will have already paid for travel so no issue there.

Shippers will probably report the lowest volume since internet shopping became the norm.

Wonder if Amazon will run a prime month from Thanksgiving day to Christmas eve?

 

CPI is what the FED is using to base it's rate hikes on. When MoM comes in 33% short of estimates you can make a safe bet the fed will start to decrease the pace of the rate hikes. I'd bet the FED cuts back to .5% for the next hike. If CPI continues to come down they'll hold that until the target goal is met in mid-2023.

 

I say we go 30 bps and lets just see what happens.

 

OK Volker. How those AMC puts treating you?

 

Mine never filled. I was $.02 from my limit. Poor treefort had to close out yesterday for a small loss

Your genius riot calls got me still in the red too

 

Really? Mine are up 18%.

 

Oh shit mine are too. When I looked this morning they were still red overall haha

 

Where the hell has @jandrews been? He can't be that pissed for me getting him into BBIG. lol

 

Your dumbass forced him to go back to 40 hours/week.

 

Poor guy. Get it? lol

 

Hmmm, I had noticed I'd been marginally less harassed

 

Sure, it's high. But the rate is finally slowing.

I don't disagree. I'm just saying that's what made the market go cattywampus today.

I'm betting .75 still.

 

IDK man. In the last 2 weeks 3 of the 7 Governors already stated it might be time to scale back the pace.