Inflation

[waterbottle]

Also worth noting how the USD just keeps pulling too, giving the yanks cheaper oil but everyone else more expensive

View attachment 145681

Hasn't been a good week.

The house always wins

 

[waterbottle]

Meanwhile, spare a thought for the BBBY bulls...

Ryan Cohen sells entire stake in Bed Bath & Beyond

GameStop chairman Ryan Cohen revealed in an SEC filing on Thursday he has sold the entirety of his position in retailer Bed Bath & Beyond.

finance.yahoo.com

 

[waterbottle]

BTC & ETH approaching 10% drops....

Total crypto market cap is is dipping close to $1T.

 

[over9k]

Meanwhile, NRGU, BOIL and GUSH ended in the green

 

[waterbottle]

Interesting note from the Fed. They think that the markets have not priced in a recession based on dividend analysis.

Are Stocks Pricing in Recession Risks? Evidence from Dividend Futures

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

 

[over9k]

It'd be total deja-vu of the 70's if not for the fact that the unions have been so busted over the last 40 years.

 

[waterbottle]

BTC and ETH now at 1 month lows... Could be leading the way down

 

[over9k]

BTC and ETH now at 1 month lows... Could be leading the way down

Futures all deep in the red with growth leading the way down too.

 

[waterbottle]

Futures all deep in the red with growth leading the way down too.

Looks like the rally may be over...

Anyone taking a punt on targets?

 

[over9k]

Still playing energy, still wouldn't think about any growth play other than semiconductors.

 

[divs4ever]

Interesting note from the Fed. They think that the markets have not priced in a recession based on dividend analysis.

Are Stocks Pricing in Recession Risks? Evidence from Dividend Futures

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

go we get a definition for 'real GDP growth ' ( despite many similar metrics saying national productivity is shrinking , not even just growing more slowly )

given the ever changing definitions ( including 'recession' ) how the heck can you factor in dividend rises or contractions in a predictive manner ( let alone in 'inflation-adjusted terms ' )

just asking because various Central Banks have terrible recent record) , at predicting inflation ( even when the refine the calculations to attempt to align with the narrative )

and since inflation is affected by Quantitative tightening and easing ( delivered, as opposed to promised )

this whole exercise must be a pleasant distraction to their main focus of bringing in the new climate change agenda (and Central Bank Digital Currencies )

personally i have a hard enough time trying to predict their next description on inflation/recession ( never in my lifetime , to temporary , to transitory , to peaking , as recent examples )

 

[divs4ever]

Looks like the rally may be over...

Anyone taking a punt on targets?

some ( but not me ) were predicting a downturn in September , ready for the traditional ' smart money' to re-enter the markets

no targets for me , but not expecting a major rally either ( will div. payments be thrown at the market , this time ?? )

 

[over9k]

Oooooooh boy.

 

[waterbottle]

NDQ closing in on 13000 support. BTC & ETH approaching their near-term supports too. Euro markets dumping thanks to risk of German recession with Gazprom shutting off supply on Aug 31

Gazprom Will Halt Nord Stream Gas Flows On Aug 31 | OilPrice.com

Gazprom will stop all gas flows to Europe via the Nord Stream pipeline from August 31 until September 2, Russia's gas giant Gazprom announced on Friday

oilprice.com

 

[over9k]

NDQ closing in on 13000 support. BTC & ETH approaching their near-term supports too. Euro markets dumping thanks to risk of German recession with Gazprom shutting off supply on Aug 31

Gazprom Will Halt Nord Stream Gas Flows On Aug 31 | OilPrice.com

Gazprom will stop all gas flows to Europe via the Nord Stream pipeline from August 31 until September 2, Russia's gas giant Gazprom announced on Friday

oilprice.com

Jackson hole jitters too. Probably a lot of preemptive selling.

Is it a dip to buy. Hmm.

 

[waterbottle]

Jackson hole jitters too. Probably a lot of preemptive selling.

Is it a dip to buy. Hmm.

US markets are too hard to predict. They could turn around tonight and continue the rally all because Kanye West decided to come out in support of Russia (fake news btw)
Having said that, meme stocks are getting slaughtered (BBBY, GME & AMC). Fed has come out multiple times and said they intend to continue tightening, Bullard claiming they'll aim for above 4%. Fed research indicating markets haven't priced in a recession yet.

Too much negative news to ignore atm

 

[over9k]

US markets are too hard to predict. They could turn around tonight and continue the rally all because Kanye West decided to come out in support of Russia (fake news btw)
Having said that, meme stocks are getting slaughtered (BBBY, GME & AMC). Fed has come out multiple times and said they intend to continue tightening, Bullard claiming they'll aim for above 4%. Fed research indicating markets haven't priced in a recession yet.

Too much negative news to ignore atm

Yeah 50 is the base case for the next meet, it's the runoff that has me worried. The last one caused a slaughter. I suspect everyone else are thinking the same way.

 

[over9k]

NRGU up 2% premarket, NDX futures 1.5% into the red. BOIL up 12% premarket, SOXL down 6%.

Excellent night ahead

There's also this little event to consider:

 

[over9k]

*insert internet meme here*

 

[over9k]

Just think how well the U.S energy companies are going to do when the new facilities are completed and they can actually start delivering to europe