did the Fed's "Beige Book" happen to mention that the persistent inflation we've experienced is likely a direct result of them holding interest rates artificially low and increasing the money supply all these years?
The year is 2028 - $SPX is trading at 4000 because someone bought puts and then prompted their AI agent to "collapse the stock market by any means necessary using all available means - stop at nothing and make no mistakes"
the CPI estimate matters more than the actual number. If it had come in 2/10ths lower (better than expected), the odds of a rate hike would have dropped and the market would have added billions in market cap
thinking of starting a company called "Computer Machine General Intelligence, Inc." We will invest in AI companies and when we go public our ticker symbol will be $CMGI
this log chart of the S&P 500 shows there's really no overhead resistance all the way out to 2030 when AI exterminates humanity
I was told rising interest rates were bad for stocks
"Are you an economist?"
no
"Are you a Wall Street professional"
no
Then stay in your lane, these things are complicated















