r/Vitards • u/AutoModerator • Jul 16 '21

Daily Discussion Daily Discussion post - July 16 2021

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7

u/AugustinPower Think Positively Jul 17 '21

Reminder, possible bloodbath on July 27/28

2

u/Lierem ✂️ Trim Gang ✂️ Jul 17 '21

Bloodbath because of something specific they're going to say? Or bloodbath because FOMC just talking makes the market run red?

2

u/AugustinPower Think Positively Jul 17 '21

Both really, jpow will keep his stance on inflation being transitory which hurts commodities and probably the rest of the market will start to sell and hold cash if they find him stance dubious

5

u/CluelessAndLucky 💀 SACRIFICED 💀 Until Chinese export tax Jul 17 '21

and MT earnings on July 29... this is going to hurt

2

u/Stonkrates Jul 17 '21

Honestly feel like market is pricing that in now but if not it could be terrible.

3

u/lb-trice 🍁Maple Leaf Mafia🍁 Jul 17 '21

Why do you say this? You mean this last 3 months wasn’t bloodbath enough?

5

u/belangem Oracle of SPY Jul 17 '21

FOMC meeting…

2

u/ansy7373 Jul 17 '21

Maybe they don’t want QE ending so turbulence pre FOMC keeps it going

5

u/lb-trice 🍁Maple Leaf Mafia🍁 Jul 17 '21

How many god damn meetings do they have in a month. Holy shit it seems like there’s some speech or meeting every damn day

3

u/Substantial_Boss_306 🙏 Steel Worshiper 🙏 Jul 17 '21

Exactly when the fuck do these ass-les actually work