Like clockwork. It's just another bulltrap.
>>59595841ohhhh bobo chuds.....
It all makes sense when you realize that all market movements nowadays are to hunt liquidity. >shit's down? pump it up to reck leveraged shorts>shits up? dump it the fuck down to get the leveraged longs
>>59595841Unfortunately for you, producer price index today was better than expected, which means the CPI expectations from tomorrow are likely overestimated as well.
>>59595841Be happy that you are cognizant of thisOther cryptards think it exists in a vacuumI aint doing shit until after tomorrow
BART: the final reckoning
It'll probably be good though since bearish data is currently priced in.
>>59595877god I hope so
>>59595877Not necessarily. Businesses took out a LOT of debt during the lockdowns, part of why prices are high for customers is to help the businesses pay that back.Plus there have been a whole host of other increases to business costs (such as "climate change" costs or DEI hiring related bs due to regulation) that still add up to a disconnect between wholesaler costs and consumer costs.So even if wholesalers are buying stuff for less, it doesn't translate to customers paying less
>>59595841We're in a situation where every outcome can be interpreted badly. If CPI is high, the market will panic because they'll assume interest rates will stay high or even get hiked. If CPI is low, it will scare everyone into thinking economic activity is slow and the Fed needs to lower rates, but the fed won't lower rates, so we're going to end up in a recession. It's all bullshit and you just play it as it lands. Right now we're in the "all news is bad news" phase, but there have been plenty of times we've been in the "all news is good news" phase too. The market desperately wants a recession right now.
>>59595841yes please
Feels weird wanting CPI to be low again.Miss the days of not giving a fuck about macro
>>59598828What do you make out of the yields going up 100 bps even if the FED cut 100 bps?The market expects inflation->rate hikes->recesion?The FED will do QE again and buy bonds to make yields go down?What the fuck does this work out like?
>>59599062>What do you make out of the yields going up 100 bps even if the FED cut 100 bps?china and europe no longer aggressively buying bonds at auction caused the yields to go up. Among other factors, their aggressive bidding was keeping yields low.>The FED will do QE again and buy bonds to make yields go down?...probably not. Low bonds yields created the current everything bubble, and the incoming admin has made a big deal of cutting spending across the board.The Fed's goal is to raise rates as soon as it feels it can get away with it.The US needs to sell less bonds overall, moving forward, if its going to reduce its debt AND keep bond yields from continuing to fall.
>>59595841We never had a CPI reading that push us upwardIts always down down
>>59595841cpi will pump it100k tomorrow
>>59599165lol oh no btc went from 101k to 100k on the last CPI report
>>59595841the PRESIDENT will deregulate the industry in 6 daysbut you're thinking about muh CPI
>>59599131Why is the fed lowering rates if they want them to stay high? and how high?What about the dollar? don't they need a less powerful dollar for exports?What if unemployment and inflation goes up?What if businesses start cracking or people with mortgages can't pay?What about the debt being at record levels? how can the record breaking debt levels deal with high rates for longer without fucking something up?
>>59599271Isnt this priced in? its already knownAnd who seriously believes he will mention crypto on inaguration day
>>59598828this is my take as well and I’m really scared right now
>>59598828Also, when does the all news is bad news phase become all news is good news phase or viceversa? if you cannot frontrun this then its not useful to make money isnt it
I sure hope so. I liquidated my crypto and took 2.5k profit Monday and I’ve been sick to my fucking stomach
>>59599398I sold half of my fucking stack of MSTR at 297, unfucking beliable. I thought BTC was going to dump to sub 90k. 425 fucking shares. I need to get back in but I KNOW the moment I get back it will just fucking crash. Its all a big joke. At least I got out with a profit but it fucking sucks.
>>59599292Whenever someone says>X will happen and then it will go upYou can pretty much guarantee that it won't People who think it's going to go up on the 20th without any more news are delusional. We've know trump will be president for over two months. That's what caused the November pump.
>>59599423I think if there’s another pullback I might throw it back. It was a mistake but have to live with it. Best case scenario is some Jewish tricks before inauguration
>>59599190Dump it now and go all in on EOS, staking on Binance for 30% APY is too juicy.
>>59599285>Why is the fed lowering ratesNot anymore. People don't understand the magnitude or breadth of biden's govt spending. Inflation numbers on reports during his entire admin have been manipulated downwards. The only way the Fed can combat that is by raising rates, especially as employment and m1 velocity increases.>what about the dollar?As bond yields increase, so does the strength of the dollar. US doesn't need to worry about exports because it FEEDS so much of the world's population (incl. china) that those countries will have to accept it.>What if unemployment and inflation goes up?Unemployment will go up, but deflation is what's going to be happening.>What if businesses start cracking or people with mortgages can't pay?What do you mean "what if"? That's just part of a recession, it's to be anticipated.>What about debt being at record levels?The right way to handle that is for the govt to cut spending (which Trump admin says it wants to do) and for the govt to issue less bonds at auction (which will also keep the bond yields high, which also keeps the dollar strong, which will bring the stock market DOWN in value). It will also happen alongside a severe recession, but hey the real cause of that recession was the covid hysteria LOCKDOWNS and ACCEPTANCE OF "FREE" MONEY BY THE PUBLIC.If people had flat-out refused to stay at home or close their businesses when they were told to by nanny biden and his unicorn POCs, we wouldn't have to go through this. Not enough people resisted though (typical) so now this is happening.Who thought the stimulus money was actually free? Slaves
>>59600813trump won't let there be a recession during his term so we'll have at least one year bull left in crypto and 4 years bullish stock market
>>59600831>trump won't let there be a recessionIt's not up to him. This recession was being prepared for the last 4 years, it's going to happen. Look at the bond 10y2y curve history, avg house price and the SP500: you can't undo that, it's already been primed properly. The biden admin scared everyone into REMAINING IN DENIAL by threatening them with being "racist" and "homophobic" and "sexist" and "evil" with its 24/7 climate+LGBTQ+DEI propaganda. Anyone that wanted to speak out about the economic conditions and future consequences was silenced as a homophobe or racist or spiteful white person who doesn't want to share with skin-color-people, thus you can maintain the policies that create the situation that we are going to enter soon. Just look at all the midlevel businesses that BDCs were investing in over the past 4 years to get an idea of how many businesses these assholes started that did nothing but accept government skin-color and queer gibs and fling money at target demographics to inflate the economy with.Now Trump being in office makes it okay for people to talk again about what's happening, so we can't deny it anymore. The dumb and spineless goldfish that accepted biden's money will be happy to blame trump for it simply through contiguous association. If Trump wants a legacy, it will have to be that of leading America OUT of a recession, not of avoiding it: hardship is what makes a great leader anyway.Best we can do is make like jews and keep records of what the faggots have been doing.
>>59600880This
>>59595855I'm constantly reminded to not zoom out too far on any chart because it makes the last few years look super volatile when in reality it's always been this fucked.
HERE IT COMES
>>59600880>they setup trump to hold the bagBased reptilians
>the insiders know before we dowow what a surprise
>>59601084Big PUMP, absolutely huge. This is INSANE#TRUTHNUKE #BOMB #FACTS
OP sucks transgender penis
