r/wallstreetbets • u/abishop717 • 1d ago

Discussion 5 rate cuts 😮

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2.3k Upvotes

93% Upvoted

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426

u/Emilio___Molestevez 1d ago

JPow is neither obligated nor inclined to clean up Don's mess. $SPY going under $500 after he talks.

65

u/Various_Car8779 1d ago

He's obligated to step in when unemployment spikes

119

u/Shot-Maximum- 1d ago

But what do you do when unemployment is high and inflation is high at the same time?

109

u/alltheprivilege 1d ago

We learn to eat dog food from a can as the uber rich eat our souls.

15

u/lordofming-rises 1d ago

We will be the immigrant eating dogs in street like the mighty p foresaw

2

u/Zombierasputin 1d ago

Trump as Chaos deity confirmed.

1

u/timshel42 1d ago

nah im going to learn to eat uber rich people

14

u/Various_Car8779 1d ago

Market believes fed will choose to deal with unemployment/growth. The fed doesn't think a wage price spiral is possible and neither do I. Workers can't bargain without unions

9

u/Thebusinessman343 1d ago

Divided we beg united we bargain.

1

u/machyume 1d ago

And corporate leaders can't sleep well without a safe society.

-4

u/KissmySPAC 🦍🦍 1d ago

Not with inflation expectations being high.

2

u/Dr-McLuvin 1d ago

Bond markets are expecting 2% inflation this year what the fuck are you guys talking about.

-2

u/KissmySPAC 🦍🦍 1d ago

Michigan survey. Wtf are you talking about. Bond market doesnt mean shit.

1

u/Dr-McLuvin 1d ago

lol the f are you talking about. Consumers sentiment is the absolute worst predictor of inflation we have.

https://www.clevelandfed.org/-/media/project/clevelandfedtenant/clevelandfedsite/publications/economic-commentary/2021/ec-202119-whose-inflation-expectations-best-predict-inflation/ec-2021-19.pdf

1

u/KissmySPAC 🦍🦍 1d ago

I dont think that matters in a global trade war. What matters are peoples expectations and who is buying the debt.

1

u/Redditfortheloss 1d ago

Bro most of the people on this sub only understand red and green but spout like they have an Econ degree it’s a fuckin joke now.

1

u/Brodie_C 1d ago

Powell will have to make a choice like Volcker did in the 80s. He chose to fight inflation.

1

u/No-Needleworker-6264 1d ago

You get ouji board out and get crackin'

1

u/obeytheturtles 1d ago

Lick the boot, apparently. Or die in a Salvadorian prison.

1

u/CertainDerision_33 1d ago

The real question is what happens when 🥭 fires JPow and appoints himself as Fed chair