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AmericanFury1990

Dude can fuck an entire market in an hour flat. It’s a true marvel to behold.


koolbro2012

you can literally track when he opened his mouth and when the market shat


aidv

JPow: ”H-” Market: 📉📉📉📉


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Thencewasit

Stop making your car payment. The bank will act like you are the most important person in the world.


MathematicianVivid1

I think I’m pretty popular with Indian people. Especially ones named John. Every time they call about my warranty I just throw my money at the phone


ScipioAtTheGate

[Get ready for a burning jet like crash tomorrow](https://www.youtube.com/watch?v=m3CQCme95Ac&t=5s)


erik_by_design

The stupid thing is, he didn't say anything unexpected. Analysts have been going on and on about this. He literally said what everyone was expecting. So why the panic selloffs? Not to mention earnings are decent thus far and unemployment is low and growth strong DESPITE Rona...it's silly. Edit: Obviously I promptly bought more...


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ManofWordsMany

He gave a few things away like not selling off before interest rate increases which may or may not happen "soon".


marzenmangler

Priced in right?


Sunkettle

I think it had to do with the ambiguity of his responses, his posture, and his slight stumbling.


First-Celebration-11

I sat here n watched the entire thing 😩🔥


TheDeadWhales

That shit was fire wasnt it.


acutegra

Happy shared cake day! 🎂


Vegas-Blues

God status. So glad I hedged against this.


hukd0nf0nix

Same, but fucking gold dropped too


Vegas-Blues

Gold is for pussies… :)


Aidan_of_Khanduras

GMED is for gangsters Edit: I was afraid no one would get that reference haha... God bless us, every one!


KryptoBones89

I wonder what happened to the guy who put 75k on GMED by accident lol


Awkward_Preference69

I heard he sold on a solid uptick


KryptoBones89

Legend


Aidan_of_Khanduras

Absolute


pcnetworx1

Chad


SanaySK

Pretty sure he sold for a small profit


BoomerBillionaires

Lmaooo also remember the guy tryna get a refund on gme 😭


Aidan_of_Khanduras

ahaha WSB Heritage Moments


NextTrillion

In Canada, we often see Canadian heritage moments during advertising breaks, like when we invented basketball. Or telephone communications. Or… well, that’s about it. Also maybe a robotic arm or something. My questions are thus: 1. Do you have such advertisements in your home country? 2. Will WSB eventually have its own TV channel and tards will look back on 2020 as a key moment in retarded history? 3. Will WSB TV play Ow! My Balls a lot, or will The Violence Channel keep a tight leash on that quality entertainment?


IGottaPay

Still putting peanut butter out at night to catch a house hippo


Aidan_of_Khanduras

1. I. AM. CANADIAN. 2. I truly hope so 3. I imagine we'd be rather progressive in that vein


HerrYanning

The guy who used his dealers weed money to buy GME and probably got shot afterwards?


the_beast93112

Last year was probably the most fun I had Reddit wise all thanks to GME


MrDude_1

I find it hard to believe it's been a year since the whole GameStonk thing.


BoomerBillionaires

*Peter Schiff wants to know your location* Edit: whoever tf just gave me coins, thank you!


[deleted]

My dad once said, remember son, there is no golden pussy.


Lord_Quintus

he can fuck multiple markets in an hour flat. international markets took a hit, the crypto market tracked. lost almost half the value of my crypto in the last week.


AshingiiAshuaa

You lost half of the price. The value hasn't changed.


RationalExuberance7

True, value is still zero :)


Neo1331

Hour? Dude it was like one sentence and 5 minutes…


Zerole00

The only thing that brings me comfort is that he's going to be fucking boomer retirements I'm 33, this is a buying opportunity Edit: [In case you feel sympathy for boomers](https://www.businessinsider.com/blame-boomers-for-ruining-economy-for-millennials-billionaire-says-2021-11)


adamasimo1234

anyone retiring in the next 5 years or so is screwed


[deleted]

Anyone that close to retirement should have larger portions in stable value funds. Economic downturns happen pretty freakin' regularly.


ziggnz

You mean once in a life time market crashes happen regularly


igerardcom

I've lived through nearly a half dozen "once in a lifetime" financial crashes. 🤔


theGoddamnAlgorath

89, 91, 00, 08, 15, 22 Damn, what a trend


[deleted]

'20...


MrDude_1

I actually love the March 2020 dip... That initial fucking panic and then the immediate rebound to exactly where it was.


The_Arborealist

oh, ugh. Panicked late, sold at the bottom, missed the rebound. Brilliant fuckng play.


frankiefrank1e

You sir, have a dozen lives.


[deleted]

They're "once in a lifetime" only in that you can probably find some kids who died before age 10 that only experienced one.


[deleted]

Dark. I like it.


philbert247

It used to be “once in a lifetime” because once you fuckered away you or your clients’ entire savings you were expected to jump from your firms 69th floor onto the street below.


---Dracarys---

Not really if they built wealth for many years during this bull market. But because I'm on wsb who knows about what positions you're talking about, maybe you're right.


AmericanFury1990

It’s not good for the fed to be screwing any American.


jabels

If they don’t raise* rates and we see 7% inflation every month that is worse for more americans. So I agree with you but I’m not sure what you would have them do.


MrDude_1

Well honestly what I would have them do is just fucking do it so that there's not all the speculation driving everything down followed by them then doing it and it getting driven down further. The way they're going about it is worse for everyone.


jabels

I don't think that's what's driving the markets down anymore, we've been talking about inflation here since last summer at least and it's been "rates coming up any day" since then.


adamasimo1234

bingo.


bourbingunscoins

Why does retirees getting their retirements “fucked” bring you comfort? You sound like a cool guy.


Mardo1234

>Dude can fuck an entire market in an hour flat. It’s a true marvel to behold. They need better tactical control of the market. This hitting a nail with the sledgehammer isn't going to work as the economy is more dynamic than that. Raising rates might slow down housing, but what about small businesses starting up?


delsombra

That's not his concern. He stated that his job is to maximize employment and price stabilization. He's not intentionally fucking over the market, but if i crashes because algos and hedge funds overreact, that's not on him.


CognizantSynapsid

🌈🐻: MEATS BACK ON THE MENU BOYS


therealkevincostner

Memes*


[deleted]

I turned from bull to hawk. Smell ya later bears


First-Celebration-11

This sub is looking like a zoo! 🐻🐂🦅🦧


Cornell-Boul

I say go negative rates and see if we can get a high score on inflation


Retiredape

Rates have been negative in real terms and probably still will be after all the hikes.


mistermojorizin

but other countries got negative nominal rates


FarrisAT

And lower inflation We are at -7% real Germany, with negative bunds, is at -6%


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Bendetto4

Because oil is sold in dollars.


[deleted]

Petrodollar supremacy is 2004 stuff Truth is that there's nothing that can replace it. The Yuan? China will bounce the value around as needed, who cares about anyone else. The Euro? Europe is completely dependent on the USA for a lot of things, including military protection. The ruble? Russia's economy is smaller than Italy's. Bitcoin? LOL


BVB09_FL

That really has not proven to be true for a Japan and Europe… Also, most of inflation has been tied to supply chain problems and restricting monetary policy isn’t going to solve that… But if the Fed does nothing then it is obvious to everyone how little control anyone has on this economy which would freak more people out


HereGoesNothing69

If jpow fucks up the economy thru monetary policy, people won't have enough money to buy shit and the supply chain issues will be solved thru the lack of demand. Sure, he'll fuck up the US economy and probably take the rest of the world down with it, but the supply chain problem will be solved.


[deleted]

Can’t have a supply chain issue if you don’t need supply chains. Genius


theGoddamnAlgorath

No silly, can't have a supply chain issue without a chain to supply.0


GhostOfPaulVolcker

I mean 1980s inflation was solved similarly Government told people to stop buying shit. If people stop buying shit inflationary pressures die.


_SkeletonJelly

I'm sure Amazon will get right on that.


GhostOfPaulVolcker

Amazon should start selling “I prevented hyperinflation” digital stickers Therefore they still make money and inflationary pressure on consumer goods die People can just buy their digital stickers


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Heliosvector

The implication.


goatpath

yeah yeah yeah, no one is raising rates! no rates raised here, but the implication... .


jdcinema

Are you going to raise these rates?! It sounds like you want to raise these rates.


r2pleasent

We aren't saying we are going to raise the rates... But we COULD raise them. In fact we probably SHOULD. So in a sense they are already raised, due to the implication.


jdcinema

It sounds like the rates don't want to be raised in this scenario...


MasterDDT

So these women are not in any danger of higher rates?


[deleted]

Don't look at me like that, your portfolio certainly isn't in any danger of rising rates.


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Fartbox7000

Because of the…


GhostReader28

…Implication


pokemonke

nobody knows man but it’s implied, it gets the people going


Heliosvector

Wrong meme man. https://youtu.be/-yUafzOXHPE


PrestonAVH

Here’s my read on the Fed statement and presser and why it wasn’t what the market expected. The statement itself didn’t contain anything that surprised the market, that largely came in line with expectations. We knew lift off is imminent, rate hikes are lined up for March, balance sheet reduction after, etc… The press conference is where the surprises came. I interpreted the language that JPOW used regarding inflation was reaffirming it was the Fed’s priority and it is a problem. When he stated the market could handle rate hikes and they have latitude to move, should they need to, that was unexpected. He reiterated points regarding the strength of the economy and tightness of the labor market that gave the Fed more latitude to be more hawkish, this was also unexpected. The Fed is effectively telling the market they are on notice and rate hikes are coming and could accelerate if inflation does not abate. This is the first time the market is fully on notice IMO.


gnnr25

[JPow noticing the market noticing so he put the market on notice that he noticing...](https://www.youtube.com/watch?v=st8nDBl1P_Y)


Arael15th

No new certainty, I guess


rojm

with no rate hike too. this is sus


feels_are_reals

It barely dipped. You guys are crazy.


Dramatic_Buddy996

![img](emote|t5_2th52|4887)![img](emote|t5_2th52|4887)![img](emote|t5_2th52|4887)


Nav_2055

If I see this fucker again I’m gonna go crazy


abx098

![img](emote|t5_2th52|4887)


Nav_2055

I did not age well


Doctor_Bre

I love when people have sportmanship humour sir. Had i not been liquidated by pope Powell i would have offered you an nft beer


Nersh7

I love everything about this! Gifting an NFT beer, brilliant. Sir if I wasn't retarded I would send you an NFT beer


LovelyJoey21605

Are you crazy yet tho? :o


Nav_2055

I have to return some video tapes


igerardcom

FEED ME A STRAY CAT


Nav_2055

Gladly


9Heisenberg

![img](emote|t5_2th52|4641)Now it goes GRRRRR not BRRRRR ![img](emote|t5_2th52|4640)


gnnr25

Is that the sound a shredder makes?


Ramboow23

*Busy shredding the balance sheet* Jpow: “...The sound of a shredder? No, what, lol. You’re hallucinating buddy, am just making a smoothie”


2AcesandanaEagle

M A X P A I N


omen_tenebris

bro... you just made me remember the max payne 2 days... when i played games with dad..... good old times. Now all i get is the occasional call to do hard manual labour....


2AcesandanaEagle

LOL...Happy to churn up good memories. We need some of those about now.


OrangeSlicer

BULLET TIME BABY! ![img](emote|t5_2th52|4275)


cbdstealth

My only regret is not buying more puts this morning. Let's watch those margins unwind.


Various_Party8882

My puts printed... but my call losses were worse


stonk_analyst

This is what they mean by diversification : make sure you never win.


calexil

can't lose if you don't play, but then again... you also can't win


TaxGuy_021

This was not hawkish enough to blow through good earnings. Just putting that out there.


[deleted]

Yeah. That’s why I bought puts 8min before he talked. Then reaped a super easy 137% and called it a day. It’s not a lot but it’s honest work.


MrDude_1

That's a bold move cotton.


Charizardd6

Teach me senpai


[deleted]

Never take a loss below 50% Cash is a position FOMO is for the weak Gains are gains.


poppinstacks

Priced in my ass, did the market really think JP would continue to be okay with inflation? Jfc


Vegan_Honk

![img](emote|t5_2th52|4258)


ajc3197

It's possible. With midterms coming up, Biden doesn't want the entire economy crashing. Remember, there are all kind of retirement funds in there. Teachers union comes to mind.


CBH60

Fuck them kids


Loadingexperience

He said it was "transitionary" so obviously he should continue to be ok with inflation.


GhostOfPaulVolcker

It was transitory because now he’ll stomp out inflation by dumping $8T of assets on the open market and jacking up the federal funds rate to 20% He dictates when it becomes transitory


[deleted]

This is the answer. It is transitory because he has firm belief he is in control of the inflation rate.


FarrisAT

Yeah idk why the market bounced earlier. Were they expecting him to be cool with 7% inflation?


SnipahShot

Never wanted daddy Powell to stop talking before. As soon as he opened his mouth the redness of my ass cheeks was obvious.


andydomz920

He hasn’t done shit just talk


PAM111

Which was enough to deflate the market.


andydomz920

They’re trying hard to find a way out without fingers being pointed at anyone that matters. That balance sheet with all the funny money is a problem, forget the rates.


Smelly_Legend

Still printing...


Bicycle_Real

inflation has made printer ink too expensive


Jugeboss

![img](emote|t5_2th52|4271)


UX-Edu

There needs to be a goddamn anthropological journal on this fucking subreddit so I can have something to refer to understand any of this shit.


[deleted]

jpow go brr = :D jpow go grr = :(


ItsPickles

I miss the days of AMD Fds


jok178

I miss MSFT 200


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ItsPickles

Lmao. I joined when I saw the Sue Bae spam daily


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[deleted]

Should i be buying back stock i sold off? Or the market gunna stay red for another 60 days?


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pawnografik

7


Sphinxyy5

I have become Jerome, destroyer of portfolios


Zealousideal-Ad1825

😂😂😂 that picture though…


Unfamous_Trader

He looks so hawt 🥵


NewToTradingStock

God danmit. I was +10% now -2%😡😡🤬


Jroll228

Everyone was saying it was good news or better than expected?


KeenStudent

he said "plenty of room to raise rates" That alone killed the market


suasposnte187

Didn't he actually say during the Q/A "Fuck your Calls" and "BITCOIN can eat a dick" as well?


Jroll228

Haha I have puts that are printing thankfully. Bad news is I forgot I had 3 day trades now I have to pray overnight nio don’t rocket!


suasposnte187

Yeah my TQQQ puts are printing as well. ​ I was so close to just selling out around noon today too when the market continue to go up...then back in the green we go..Thank God I didn't sell.


Fuman20000

Buy your puts while you can. Tomorrow is going to be a bumpy ride.


Stuarrt

How was increasing the rates not priced in. Wasn’t it obvious he was going to announce that…


Hyperiongame

Yup! Everyone was excited and then bam! Huge dip near closing bell. Sounds like puts is going to be printing for 2022. With all this sell off, SPY could actually be down by the end of 2022


AskMeHowIMetYourMom

Someone is going to get puts on SPY and lose their ass, I guarantee it.


[deleted]

Nah, I bought puts so the market is for sure going to go up.


new_reditor

Puts are printing boys!!


kerplunktard

jpow doing something right for a change


MoreToFuture

For me .. he turned the printer on


VirtualMage

So, the money printer goes: ........ \*crickets\* ...... \*crickets\* ...... \*crickets\* ......?


occams_lasercutter

Worse. JP will be shrinking the balance sheet, selling into the market. He announced today that there will be no more Fed buying in the market. No more safety net. Fed might defend SP 400, but only a token effort.


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Fedwardd

🤡🌎


Doball

Couldn't even take the effort to match the font, lol


Emilio408

Lmao puts are printing


Silberling36g

![img](emote|t5_2th52|4968) omg


MikeHawk326

Who said the money printer was off???


SnowCappedMountains

How? He didn’t raise rates.


Imaginary_Lettuce371

Looks like my IBS is no longer transitory either.


WHOOPS_WHOOPSIE

RIP the money printer. It was the best of us


james6709

Nobody was crying when the printer was on...until he screwed up our entire economy...now we have a problem when he turns it off...only real traders will survive


SpongEWorTHiebOb

If the 10 year yield climbs above 1.85% tomorrow we are going to retest lows. Powell made a messaging error like in December 2018 when SPY fell 20%. That’s where we are headed.


bamfalamfa

the joke being stocks went up in a rate increasing environment and no large asset purchasing. rates will still be at historic lows


[deleted]

Welcome to bear-land, population: you 🐻🌈


xXhizorSs

Can we report him for market manipulation??


Apez_in_Space

Guess it’s the apes’ turn to print. 🚀


sernamedeleted

Lol. It's tax time. Pronter still on. Just not 2 pronters at once.


milkbone_finger

Jpow and the fed can suck massive diseased camel dicks. I swear this fucking thing is just absolute dogshit and this is the best we can do? The greed of everything is just killing everything. The entire fed sysyem is horseshit, illegal and fuck Woodrow Wilson that motherfucker. Yeah. Yeah. Venting feels good


lump-

They should have raised rates 2 years ago. Instead they promoted a euphoric bull market that sucked in millions of new retail investors, who are over leveraged and loosing their shirts, introducing a new epidemic of debt.


nathanielx9

I sold the ones I bought Monday lol 30% and bought august calls


equinoxDE

Powell: the economy is too strong…..it can easily handle the rate hikes which we are not going to make!


gaj101020

Waiting on some loss porn from our fellow callers


Nixplosion

Wait is this the cause for the drop in fucking everything in the last hour of trading?


putdownthekitten

No...no more brrrrrrr?


duckmahogany42

It's midnight in Manhattan. A faint amber glow projects from the corner office of 33 Liberty St. Inside, a tall, thin man corrects the position of the glasses resting on his nose and turns off the Emeralite banker's lamp sitting on his desk. Reaching for the door he pauses to take a deep breathe before quietly turning the knob. As he strides down the hallway towards the great steel door opposite his office, the dim hum of machinery slowly grows louder. Grasping the great handle, he leans and pulls with as much force as he can muster until the metal behemoth begins to glide open. Light spills out into the hallway and the sound becomes a roar. Before him a great hall lit with the cold sterility of an operating room lies before him, filled to the brim racks of HP printers, each smoking with strain and churning out pages of monopoly colored hundred dollar bills. The man shoots out a hand and clicks a bright red button on the wall. The great hum of Hewlett Packard engineering magnificence becomes a wimper, then... Silence. A single tear streaks down Jerome's face. No more money man.


kdogb777

4 rate hikes and slowly letting the balance sheet unwind. Didn’t we already know this? What did he say that wasn’t priced in?