I cant believe yall crazies are out here still trying to make regular stocks work during this. Yall wildt. ERX, TMV, UVXY, MOON.
"I don't think you can make regular stocks work, so here... let's buy double and triple-leveraged ETFs... much easier".
"Our performance, relatively, is likely to be better in a bear market than in a bull market so that deductions made from the above results should be tempered by the fact that it was the type of year when we should have done relatively well. In a year when the general market had a substantial advance I would be well satisfied to match the advance of the Averages." - Buffett
Time for me to buy some Porsche shares to offset my depreciation...lol https://www.barrons.com/articles/volkswagen-stock-is-surging-on-porsche-ipo-plan-51645536624
Anyone already in/out Puts on MRNA? Probably priced in by now (so not something I'm suggesting etc.) but I kept stalling like usual, haha - I'm really good at that.
sold this bearish CALL spread on AAPL 2 mos ago, when it was trading ~ 177 it has a good chance of trading below 165 by Mar expiration
Yeah I dont think the Fed is going to change course because of this. If the 80s is any lesson, the Fed will combat inflation at the expense of employment. At that time, the US was dealing with stagflation (high inflation and high unemployment) and the Fed continued to raise rates for years to tackle inflation (at the expense of employment and growth).
i think ur referring to the Carter presidency, the era of stagflation, which was from 1977 to 1981. if so, the comparison is invalid. Carter's admin he inherited the inflation-plagued economy from Nixon//Ford the Nixon/Ford team had ordered wage and price control measures to combat inflation intense inflation pressure emanated from the rising oil prices, thanks to OPEC the economy was stagnant, not growing, thus the term stagflation the current economic landscape is quite different the Biden presidency inherited a global supply chain that is out of whack, attributable to the ineffective trade wars initiated by the incompetent Trump despite being in the midst of a pandemic highest inflation (caused by the supply chain disconnects / bottlenecks) in 40 yrs; coupled w highest GDP growth in 40 yr lowest unemployment ever multi-Trillioon infrastucture bill passed, affording a high dosage of economic stimulants to grow the GDP many previously closed supply chains (during the trade war) have been re-open
