Dorktastical

Dorktastical t1_je5n3so wrote

Reply to FRC Hedge by FantomJr

1.5 P/E sounds fair for a bank, maybe it just stays where it is until it grows some balls.

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Dorktastical t1_jcuqipu wrote

"we are living in a strange period with the war, inflation and interest rate hikes"

I thought people from Europe were supposed to be better educated on stuff like history and geopolitics?

having low inflation and/or no war would be strange for Europe, not to mention fuedalism dominating the past thousand years and the taxes that imposed.

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Dorktastical t1_ja6vft0 wrote

This chart has been thoroughly debunked.. For starters it conveniently skips the "pivots" that don't cause S&P to go down, like in the 90s, assigns blame to a pivot for the COVID crash rather than COVID, ignores the deep structural issues of the 80s that caused the pivot, and ignores that since 2000 only, has there been an expectation that the fed will bail out the market.

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Dorktastical t1_j9krg1w wrote

There's been so much data and fed speak since last FOMC that goes against the 'soft landing inflation under control jpow wins' narrative it created, that the FOMC minutes this time should be a complete nothingburger, no matter what it says. So QQQ +7% obviously, and calls it is.

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