HA. Almost everything on reddit, aside from cat videos and stuff like gardening pics, is content stolen from other platforms. If anything the big boys should be gang-banging reddit in a lawsuit for all the stolen content they host here instead. Taking that to the courts is probably asking for a spanking on reddits part?
Massive dump right before 10am, followed by a dead cat bounce to shake out the paper handed bears. Then the V will happen right before 2 as a leak occurs, but JPOW's commentary will be more hawkish than normal, causing a dump that will cause the plunge protection team to halt trading and then - I have no fucking idea what I'm talking about
I was in the real estate industry in 2008. Got laid off in 2009. I couldn’t get a job cutting grass. Was unemployed for 3 years to the day. 6 mos prior to being laid-off I refinanced my home taking 260k$ out to live on. I never skipped one bill with a family of 6 and a non-working ex shopaholic woof. A real opportunistic kunt.
tl;dr - Faceroll Calls (But not today. Too obvious)
Thesis: Papa Powell will cut **AND** be Dovish.
Reason: People remember bad more than good, and they value the recent more than the past
Using Pascal, self-interest suggests only negative consequences are worth considering - (skipping 2/4):
\- If he doesn't cut and the economy turns down into recession, his job will end in approx. 6 mos., and his obstinacy to trump will be blamed, cementing such as his legacy - (Also, "Transitory" inflation)
\- If he cuts, and inflation spikes, causing economic damage, the blame will lie on Trump and his campaign of FED bullying. Powell goes out a hero that tried to "resist." People will forget "transitory" and remember the rate-raising, recovery he led.
I'll add more after I give this guy his Shamrock Shake.