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It looks like we’re heading for a depression

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stormtrooper8

stormtrooper8

Joined
May 30, 2022
Messages
13,133
Like the thinking, and the price, but honestly how high can XRP even go?

I think there’s a limit on what we can really make in that crypto, the float is just gigantic.

There might be better places to put money to work.
The company itself is promising, but the token probably worthless lol

Lot of acquisitions in the remittance space
 
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KVB

KVB

Joined
Apr 11, 2023
Messages
16,450
Markets destroyed again

Unbelievable

Some buying at these levels. I think there may have been a bit of short squeeze at these levels and it maintained the market but even with shit ton of buyers, the selling part of the rotation is strong.

Notice the buying at the end of the day, likely part of the short squeeze that those positions thought they were safe from through the day.

While it's jagged market, as always, there will be buying, there has been, and selling too, as there has been, but I see no immediate reason why the equity markets should reverse the trend they are in.

Economic news will drive it a bit going forward, but the bears are out. We were poking them weeks ago.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
16,450
Good news is that the bond market didn't take a huge hit as stocks did. Liek I posted in the other thread, Trump was handed a great economy, so there should be resilience there.

Here's another piece of what I'd consider good news.

Bond market not necessarily sold on doom and gloom, even if we did see some crazy volatility, even intraday.

At least it appears somewhat directionless and supports, a bit, what I'm saying about the need for economic news.

There's a range of possibilities from getting really bad for a while to avoiding a recession. The White House being consistent in giving mixed messages keeps this uncertanity alive.

Perhaps part of the strategy of keeping the enemy on their toes, while also implying or leaving room to back down to complicit allies, manufacturing be damned.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
16,450
The mixed messages are what’s disturbing

There’s clearly no cohesive strategy coming from the White House

That’s the most disturbing part of all this

Could have definitely been surgical with the Tariffs.

Could have definitley been surgical with the layoffs, even massive ones.

But it's almost like they're in a hurry to raise a bunch of cash and cut expenses, and doing it in such a hurry is going to cost everyone.

It's a Project 2025 mission and strategy to pack everything in as quickly as possible. We are definitely seeing that.
 

Leisure

Leisure

Joined
Oct 29, 2021
Messages
4,048
Earnings are coming up how bad is the forward guidance going to be for all these companies with all the uncertainty ?
Don’t see how it’s not going to be a shitshow.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
16,450
Let’s get involved in the future’s markets

@jjgold do you think jobs and manufacturing are going to come back to the US? Biden added over three quarters of million manufacturuing jobs via "investment" and infrastrucure. Can Trump match it with trade wars and rumors of trade wars?

What if we take our medicine but instead of getting better, we just get diarrhea? Is that a possibility?
 

KVB

KVB

Joined
Apr 11, 2023
Messages
16,450
America back

trump I doing everything right it just takes time

Fortunately Trump inherited a treeeemendous US economy from Biden so the US has that going for it, which is nice.

Can Trump beat Biden for manufacturing jobs added during his term?

What if companies just say fukk it and sell to China cheap? You really think there will be a fundamental reworking of the supply chain or will companies just wait until after Trump's 3rd term, where he runs again; or it will it be his 4th term? Can't forget his term from 2020-2024.

Could you imagine if India and China reached the level of consumption of the US? The trash alone would be insurmountable.

:lmao:
 

Brock Landers

Brock Landers

Joined
Oct 17, 2021
Messages
3,559

KVB

KVB

Joined
Apr 11, 2023
Messages
16,450
America back

trump I doing everything right it just takes time

Yes, everything is on sale and those sucker abusing countries are already paying us Billions of Dollars a week.

Right?

truth1.png
 
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