lotus_bubo - 13 upvotes - source
Don’t believe the lies about it being a gay STD, I got airborne monkeypox. It was on an airplane, one of the passengers had it and I got it even though I was wearing a mask and sanitized my hands and everything. The craziest coincidence was I recognized the guy from the orgy we attended the day before.

CarminSanFrancisco - 9 upvotes - source
GME to 6. Apes go fully broke and get forced on to an island and give each other monkeypox via gay sex

LaikaPop - 8 upvotes - source
Wank, on the bright side at least it's not monkeypox. The 2020s really are shit aren't they?

creedthoughtsblog - 6 upvotes - source
if monkeypox is 🌈 disease, and NYC declared monkeypox public health emergency what is happening in NYC then?

real_pyromancer - 6 upvotes - source
Monkeypox is a DNA based virus and hence less prone to mutations, its highly unlikely that it'll recreate the havoc caused by corona.

VisualMod - 4 upvotes - source
>MONKEYPOX CASES ARE INCREASING WORLDWIDE, AND THE WHO DECLARED IT A GLOBAL HEALTH EMERGENCY-NYT ^First ^Squawk ^[@FirstSquawk](http://twitter.com/FirstSquawk) ^at ^2022-07-31 ^20:05:21 ^EDT-0400

OffenseTaker - 4 upvotes - source
to the hedgies MOASS is a monkeypox of sorts

breezyfye - 4 upvotes - source
Waiting for the first monkeypox wave to spread more

Adventurous_Garlic58 - 3 upvotes - source
For sure and prone to monkeypox apparently

Master_Shin_Splinter - 3 upvotes - source
What are the odds monkeypox is actually anything to worry abt? Thoughts on New York declaring a state of emergency?
 

Suddow - 69 upvotes - source
Please send info to investor relations at gamestop. You can find the right email on gamestops investor site.

smudgernudger - 66 upvotes - source
Yep I imagine the German broker lawyers are penning serious letters right now. If they have to buy up shares at an inflated price, the people who created the fakes need to be held accountable and sued/locked up.

downbarton - 60 upvotes - source
I’d chuckle if the German brokers etc lost faith in the DTCC and decided to DRS all the shares they supposedly hold, plus buy the divvy shares on the market at the open!

NoughtyNought - 31 upvotes - source
So I just talked to DKB, they claim the shares will be booked into my account **today**. I did not even have to explain much, when I mentioned Gamestop, the person knew exactly why I was calling. They claimed that Gamestop cancelled the split, when I explained that this is a lie, the call center person told me that they don't have any additional information. They basically tried to calm me down - everything will be *alright*. So I asked further, if it's true that DWP is actually the broker and they 'just put their label on it' - confirmed. I did manage to get a contact number of DWP - according to the hotline person they are not supposed to give that out. Also, it took me over half an hour to even reach anybody in that department, so I asked if they are overwhelmed by calls regarding Gamestop. At least the person on the phone confirmed that a good deal of the calls today related to Gamestop. So, yes, BaFin it is now. I'll try to get somebody from DWP to answer my questions as well - let's see if I can get hold of anybody there.

Affectionate-Law1680 - 30 upvotes - source
In this case yes, when the entire stock is owned by people on one forum who have been talking about a split for months and whose sole purpose is to hold and not trade the stock… The entire goal of this is to create a share that is not tradable. People don’t lend shares, people don’t sell, people only hold. The stock very well could go to the moon. But at this point it requires either more stimulus money (wsb can buy more shares) or the company to crush it (so institutional money comes in). Neither will happen in the next few years I think so it will probably remain a low volume stock. Of course if inflation remains 10%, maybe people get forced to sell to spend the cash to survive. That is the sad ending. I’m clearly not a gme shareholder but I’m here for the ride because it’s massively entertaining. We are in the boring middle chapters now but the ending will be amazing either way. Wishing all of you luck, would be a great financial markets story if gme crushes it. WSB basically became a venture capitalist and crowd funded a company. Who doesn’t want to see it succeed?

No_Anywhere_7840 - 29 upvotes - source
Have you looked at this? \~550K OTM puts for GME in '23 January. The fucking high score for it since the beginning of the saga. Must be nothing... https://gme.crazyawesomecompany.com/

levashovbiz - 29 upvotes - source
Love this part >$8 schooie up to around $8.30, which is likely to be rounded up to $9 or even $10. So increase due to excise raise will be $0.3, but publicans round it up to $9 or $10 (adding $0.7 to $1.7 - 2.3 to 5.6 times more than the excise) and then cry that patrons will leave the pubs. How about swallow the excise increase or at least add just it as it is, not round it up?

pprincerubberr - 24 upvotes - source
Be serious. You gonna buy a brand new M2 MacBook for $3000? I think they've pushed things as far as things can go, over there at AAPL. You gonna buy the latest iPhone with five cameras on the back, for $1600? No, I didn't think so.

CommonPilgrim - 23 upvotes - source
Came here to say this. It's like those early posts last week, where brokers who applied the splividend within hours were applauded, and brokers who needed longer time were ridiculed. At least the German brokers are correcting their error.

chobbo - 21 upvotes - source
Beer going up at twice the rate of inflation, regardless of the actual inflation rate, is criminal.
 

NugKnights - 324 upvotes - source
They are making custom jewelry to go along with the purchased NFT. Tiffany is the number one most recognized brand when it comes to jewelry collection so if anyone can pull it off its them.

kidcrumb - 268 upvotes - source
Gamestops marketplace is much easier to use, and the gas fees are nonexistent compared to using meta mask which is nice. On OpenSea no one really wants to spend $200 in gas on a $50 NFT so all NFTs trade in Eth at crazy inflated prices. Sales also settle much quicker. I've had trades on OpenSea go for hours where the money leaves my account but the NFT doesn't show up for a long time. Both have pretty terrible "Art" but OpenSea has been around longer and has more recognizable "Crypto Brands" which I equate similarly to the branding on Weed Dispensaries. An all around awful branding culture. With that being said there are more recognizable brands on Open Sea with projects from Beeple and Crypto Punks and Bored Apes. Unless OpenSea has some kind of exclusivity agreement with those projects I'd expect them to transition to an L2 sooner or later but it probably won't be GameStop/Loopring since a lot of the CryptoBro projects are heavily affiliated with Solana, Polygon, or another scaling solution. The biggest benefit to Gamestops platform on launch will be Immutable X integration and other mainstream gaming brands coming to the platform. Edit: to add to this, the "Art" is the lowest class of NFTs. It's basically just the proof of concept to work out how buying/selling works. I'm expecting Gamestops platform to feature more NFTs with actual utility compared to Open Sea. All of it represented by a jpeg, sure. But it won't be the jpeg you're actually buying. Like how when you buy a Costco membership you aren't buying a $.50 plastic card. You're buying membership into an organization that lets you buy in bulk among other tangible benefits. Or buying a CyberCrew NFT means you aren't just buying the image. You're buying in-game assets on Unreal Engine 5 that can be integrated into any unreal engine game with NFT support. Imagine that instead of downloading a separate mod for each game to play as Shrek, there's a singular most popular Shrek NFT that looks amazing and works in literally any Unreal Engine NFT supported game.

karasuuchiha - 169 upvotes - source
looprings site is perfectly safe tho, I’ve minted a NFT on there https://loopring.io idk why any 🦍 would risk using something outside of GameStops eco system when there perfectly safe ones available

Electronic-Jury-3579 - 118 upvotes - source
They should use the NFT concept to help prove legitimacy of the purses and other goods from the major brands. Since they are often faked and sold counterfeit for cheaper.

Klldarkness - 100 upvotes - source
Fake. Super fake. Unless you okay a transaction, you can not lose your money. You do not okay receiving an NFT, they can be sent freely. So either this is fake, and shill bullshit, or, you okay'd a transaction at random. Edit: Btw, to the OP: You posted your wallet last week A simple check on etherscan shows NO transactions. You never had money, no one ever moved any funds in, or out. 0xee920a6482dA6408109E68B020D8C895e0591b18 As I said, fake.

Nickel62 - 95 upvotes - source
I am sure their clientele have plenty of multi-millionaires and billionaires. If even a few of these NFTs are bought, that will make the news. If they link the actual piece of jewellery to the NFT, you've got 2FA right there.

wdrosa - 76 upvotes - source
Supply is only 250. So if you make it 10,000 that's only 0.75 ETH each. Not so much for a high-end NFT. I welcome Tiffany to the space. Let's see Gucci next.

Morphen - 75 upvotes - source
I think he means being whitelisted to mint a new NFT. Not a simple airdrop or transfer. A project has users added to a whitelist. People on the whitelist can mint the NFT in the contract when it’s released from the projects website or something. To do so you have to approve the smart contract. If you don’t read it or don’t know how to it can be programmed to empty your wallet.

LarryLovesteinLovin - 70 upvotes - source
I’d expect he is a large shareholder specifically so he can call in some favours as needed to help grease the NFT wheels.

MrHeavenTrampler - 63 upvotes - source
Well, my high school gave us a blockchain backed copy of our hs certificate. Idk if it qualifies as an NFT, but I think it does, since every certificate is unique, thus having no fungibility. So yeah, I think it's good as a secondary system of storing certificates and such. Naturally, the primary one being physical is the best.
 

by_the_gaslight - 1428 upvotes - source
Might be biased to people who frequent 7-11

tenxnet - 236 upvotes - source
He lives in Puerto Rico and makes doom predictions 24/7

therealpepsi - 82 upvotes - source
I can count on one hand the amount of times I’ve been to a 7/11 in my adult life.

dizon248 - 62 upvotes - source
Yes, bought 1200 shares for 37.50 total 45k and another 100 for 35, 3.5k. 1300 shares total for 48k. To be more correct, these were the contracts I had: (-12) GME 37.50P 7/29 (-1) GME 35P 7/29 I sold to open the 37.50p weeks ago prior to split. Had extra cash laying around and sold the 35p after split. GME kept going down and so here I am with 1300 shares. Got paid to buy GME.

PImpcat85 - 59 upvotes - source
We just had one. Lol. What are you talking about. No he hasn’t talked about because he said he would only deliver. And here we are with a a splividend. In terms of quarterly. The company has to secure itself and grow for it to provide concurrent dividends. That costs money. What do you think their transformation is all about ? Acquiring better foundation for the company and for us. I’m gonna post what another ape posted about receiving NFT dividends. “Because you don’t take loans for fiat. You stake the ETH you receive into the market and make returns for providing that liquidity, you know, like being your own bank. Why take out a loan when you can get money in two fold. 1. ⁠Dividends from GME every second thanks to transactions going through the marketplace being tied to NFTs that they give out being directly deposited into your account 24/7 - 365. 2. ⁠Take that ETH and stake it so that you get more ETH on top of that for providing liquidity to the system. Guess what, when things 1 and 2 happen, the value of each individual ETH goes up as well. So now growth is even higher. It’s akin to being in a room surrounded by money printers constantly increasing your value. Oh you want to pay for something with Fiat currency? Monolith has a Visa card that does just that. Don’t like Monolith? Off-ramp to your bank. Be your own bank isn’t just a meme. It’s reality.”

KrAzyDrummer - 58 upvotes - source
Got the same email. Logged into computershare separately (don't click links if you're unsure about emails being sus), check Documents, and there is a new statement dated 7/29 with the splivy shares. Just standard documentation that the shares were received to the account. Nothing special.

AUniquePerspective - 57 upvotes - source
If you're going to buy coffee or a slice of pizza, 7-Eleven is by far the least expensive place to do that in my downtown.

WeaknessMindless8168 - 54 upvotes - source
I visited more 7/11s in my 4 day Japan trip than my 20 years living in Canada. Canadian 7/11 is pure trash

mildmanneredme - 52 upvotes - source
3% cash rate with 7% inflation means a real cash return of -4%. If inflation drops with a cash rate at 3% holy cow, we are one over leveraged country.

vee-arr - 42 upvotes - source
Hi Ethan Harris! You are helping make stonk history by providing long-term fuel to inspire individual investors. Your choice to encourage greed at the expense of peoples lives will not be forgotten because the Internet doesn’t forget. You suck. https://theintercept.com/2022/07/29/bank-of-america-worker-conditions-worse/
 

Euphoric_Environment - 30 upvotes - source
This is the dumbest fucking take. NBER has had the same definition for a long time

screamingsnake828 - 27 upvotes - source
Why are people so damn stupid? The US govt has relied on NBER to determine recessions since the 60s. NBER has documents dating back to at least the 90s stating they don’t use the “objective” two quarters method and instead look at a broad base of factors. Several recessions didn’t even feature two quarters of declining GDP. Yet we’ve still had multiple recessions despite using a “subjective” definition for at least 60 fucking years. Peter Schiff is the Alex jones of finance. NBER is not a government organization, it is a non profit dedicated to economic research. The chair of the dating committee is a hardcore conservative. The president of NBER served on the bush admin, and he is also on the dating committee. Collectively the committees members have published 6 or 7 of the economic textbooks you crayon eaters love to reference every chance you get, despite having never read them. I think they know the fucking definition better than you. How you can be so stupid to ignore these obvious facts and believe this shit, I have no idea how people manage to button their own shirts or remember to feed themselves.

guachi01 - 26 upvotes - source
It hasn't changed. The definition and indicators used by the NBER hasn't changed materially in decades. None of, iirc, the top six indicators the NBER uses is GDP.

Smiling_Jack_ - 10 upvotes - source
Regardless of the official NBER declaration, recession is an a event in the past. Markets are forward looking. They only care about one thing: When the US Fed will pivot. Bond markets (generally a smarter market than equities) have priced this happening in 2023. The other big question mark in this is the real estate market, as it lags all of these, but if it spirals out of control then things can get real bad. We're nearing the end of the current real estate cycle as it is, so this is something to watch carefully as well.

Fuck_You_Downvote - 4 upvotes - source
Employment is a lagging indicator. My guess is we entered recession in May of this year. Will see what the nber says in a couple months.

pqisp0 - 1 upvotes - source
Could you be more obvious? No neither Biden, Yellen nor the “leftist media” have decided anything. It is and always has been for the NBER to make that call and yes it always has been controversial. But then you are probably too young to know. Even if we are in a recession, so what? It’s not a binary outcome. You retards act like recession or not means economic paradise or a mad-max-like breakdown of society. Oh no. The value of the economic output has contracted to levels of…. Q2 2021! Dafuq.

Aurora5878 - 1 upvotes - source
DON'T FORGET: It is actually the NBER whom technically defines the term "Millennial", similar to the term "Recession". Millennial as per the NBER is any adult from ages 30-70.* *ᵂᵉ ᵃˡˡ ᵏⁿᵒʷ ᵐᶦˡˡᵉⁿⁿᶦᵃˡˢ ᵃˢ ᵈᵉᶠᶦⁿᵉᵈ ᵇʸ ᵗʰᵉ ʳᵉᵍᵘˡᵃʳ ᵃˢˢ ʷᵒʳˡᵈ ᶜᵃⁿ'ᵗ ᵉᵛᵉⁿ ᵃᶠᶠᵒʳᵈ ʰᵒᵐᵉˢ ˡᵒˡ! ᴮʸ ᶦⁿᶜˡᵘᵈᶦⁿᵍ ᵗʰᵉˢᵉ ᶜʳᶦⁿᵏˡᵉᵇᵃᵍˢ ʷᵉ ˢᵖᶦⁿ ᵗʰᵉ ⁿᵃʳʳᵃᵗᶦᵛᵉ :⁾

Past_Body4499 - 1 upvotes - source
No, the recession is declared after a period of sustained drop. Once the NBER declares that declares that we are in a recession, they go back and figure out when it started.

Past_Body4499 - 1 upvotes - source
It has always been a subjective decision by NBER. Otherwise, there would be no reason to wait for a group to decide we are in recession. You only need to look back to 2008 - they didn't declare a recession until December of 2008 at which point they said the recession began in December 2007.

SpartanVFL - 1 upvotes - source
Bro they just said wait until the NBER, as they always have, makes it official. Calm down
 

Martie99 - 98 upvotes - source
Yeah its crazy how this is not a bigger thing, this needs to be yelled out! A 5k price sell during the sneeze of january, all because of a tiny fraction of people we now have, just buying. That should really put moass into perspective, it's gonna be hundreds and hundreds of millions to billions a share with absolute ease. This is gonna be nuts

serbeardless - 88 upvotes - source
When you compare someone who has 1 share to someone who is short millions of shares, that person with 1 share is a whale.

Correct_Recording_43 - 75 upvotes - source
His tenants fucked him. Which is sad unless hes a mega rich philanthropist.

stoopaloopa - 42 upvotes - source
Hundreds of millions- billions with absolute ease? Absolute ease….? Either you’re new to this saga, shilling, or delusional.

Traditional-Math-625 - 27 upvotes - source
Open this shit, got millions to make

KAX1107 - 26 upvotes - source
Sigh! I'm frankly tired of correcting this mis/disinformation. Zero bitcoin was premined, issued or sold by anyone. If it had been the case, then bitcoin would actually be worthless. I mean it would defeat the whole point of it! Fact is only block 9 is actually verified to be mined by Satoshi. This 5% myth comes from an extranonce pattern speculation post on bitcointalk back in 2013. It was already debunked 9 years ago. Don't know why people blindly repeat this. It's entirely possible Satoshi didn't even mine the first block after genesis because the first block was mined more than 24 hours after the client was published on SourceForge. Anyone could have mined it. Source code was in fact already available for months so someone else could have even released Bitcoin if they wanted compiling their own client. Block 0 is genesis block. It cannot be spent. This was the block that launched the Bitcoin network on Jan 3rd. Block 1 was not mined until January 9th. You can find them below and verify yourself. [Genesis block ](https://mempool.space/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f) (cannot be spent) [Block 1](https://mempool.space/block/00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048) There are people on Bitcointalk and Twitter who have [signed](https://twitter.com/druidian/status/1447833107143483393) and verified over the years from addresses which mined early Bitcoin blocks. Remember that at the time they were all mining at a loss with computing power only to secure the network because bitcoin value was 0. Bitcoin started from 0 and grew organically without a company or any marketing. If these early users and volunteer developers didn't mine for nothing and make their contributions to bootstrap the network, there would be no crypto today. Everything you know today exists because these people believed in something which was worthless at the time. Ironically most of them lost their coins and that's why most early coins will never move. When Bitcoin was still beta there were no proper wallet backups. Satoshi famously said that "lost coins could be considered a donation to everyone else." You may think it's crazy that Satoshi released such a monumental tech invention for free and didn't try to make money out of it but most cypherpunks are about that culture. Nick Szabo for example was offered millions by ICO companies during ICO bubble just to be an advisor as obviously that would attract investors to those projects having Nick Szabo endorsing them. He flat out refused to even talk to any of them. Cypherpunks believe in a bigger purpose than money. They believe in using the computer and cryptography to protect people instead of controlling them and to effect meaningful change in the world. If Bitcoin had any central figure(s) or some kind of insider premine shenanigans or anything like that, it would have failed. We wouldn't be here today and people wouldn't be able to sell premine, ICO, VC start ups as decentralized by using the blockchain excuse. Isn't it funny to think that the guy who is responsible for all this existing today is not known or even tried to profit from his own invention? Quietly worked by himself for 2 years, released everything for free, completely removed himself from it and walked away.

Red_Lee - 22 upvotes - source
If you take 2012 - 2018 history, you could say 5% yield which is fairly common. If they do normal monetary dividend, that is. These are hypotheticals with easy numbers, not my guess for future share value: So let's say GME turns a profit and gets up to $50 a share by next year and announces 2nd quarter dividend. 5% is looking at $0.63/share ($2.50/four). I'm not sure what average retail stock holding is but let's take 500 shares - that's a $315 quarterly dividend. DFV would be looking at a half million quarterly dividend FYI (I believe his ATM tweet was more about dividends than any deep bank conspiracy). Now $315 might seem miniscule, but if you DRIP that, it's 6 more shares every quarter for free. I'm thinking Cohen is going to make this a $100 billion company at minimum in 4 more years, doubling his work from Chewy. That puts a 2026 share value at $316, quarterly dividend at $3.95/share. Now let's say you only added 100 more shares through drip over those 4 years and are sitting at 600 shares (anybody WORKing would be adding much more than that). Now you're looking at $2,370 per quarter, $9,480 a year, just in dividends. DFV would be at $1.8 milly a quarter by the way lol. I feel like my projections are very conservative and not necessarily based on future avenues the company takes, but i think it gives a scope of what true, long investors are looking at in just 5 years. In 20 years? Could be mega bucks as long as the company maintains healthy growth and I see no reason for it not to with the current board and values in place. As a side bonus, GME could issue airdrop NFTs that cost the company nothing and could have a wide variance in value (especially if a naked short needs a verified blockchain dividend to re-issue).

Desoetude - 13 upvotes - source
What you said here sums up why I realized the complaints were all BS: *One single user does not represent DRS, yet the current narrative being pushed on the sub suggests otherwise. We have millions of shares direct registered due to the collective efforts of DD writers, guide authors, bot developers, site scrapers and YOU,the organic contributors to this saga.* I saw people saying just that. Claiming ONE particular user was the sole reason we have gotten this far, MORE so than ANY OTHER DD writer, etc. Keep in mind, the DRS movement didn't start until we were already established. I had to do a triple take when I read that...

Cataclysmic98 - 12 upvotes - source
The rehypothecation, internalization, and outright illegal activities of the market makers and shorts are at risk of exposure with this split dividend! With 90,000,000+ shares borrowed and shorted, and the hundreds of millions to billions of naked/synthetic/counterfeit shares, $GME share price is heavily diluted and as these positions are closed the stock price will appreciate significantly. However, given the systemic risk GME presents, and the constant and significant manipulation around the stock, it will likely still take some time for these positions to be closed, and this stock split may be just the beginning / first step. I beleive it is likely we will see some type of crypto/NFT related announcement next year as a follow up to this split. Pre-split numbers for reference: * Shares outstanding are 76,347,215, less insiders 11.807,433, less DRS 12,700,00 = a small 51,839,782 free float. * Reduced by less liquid shares (may not be able to sell in the near term): Institutional: 13,716,541, Mutual Funds: 7,957,066, ETFs: 6,690,476. \[Note there is uncertainty about some overlap in Institutional shares and mutual funds and ETFS\]. * This represents a remaining liquid float of only approximately 23.4 million shares for the shorts to buy shares from to close their borrowed and naked/counterfeit/synthetic positions. 23.4 million shares x 4 for the stock split = 93.6 million and there are currently over 90 million shares borrowed! Buy, Hodl, DRS & 'Share the Story' >To the moon fellow apes! *Opinion only. Never advice.*

RockAtlasCanus - 11 upvotes - source
The fact of the matter is that what private industry is/has been doing is unfortunately, the prevailing human nature in industry- to continue making more regardless off the expense *to others*. There’s a reason political/economic theories like communism & socialism started being developed at virtually the same time as modern capitalism. A capitalist economy that does not have government reigning it in gets you, well, this. Specifically in the US- look at the period between the late 1800s and the early 30s- particularly with respect to working conditions and pay. Then you have the New Deal era with implementation beginning in the early 30s which was going good but without the massive industrial boom of WWII we would not have seen the recovery from the Great Depression that we did, at least not as relatively quickly. Post war era up until about the early to mid 70s was the golden era of the working middle class in the US and has been sliding the wrong direction since. What happened? Nixon & Reagan to name two of the many. Unions started losing their power as manufacturers sought cheaper overseas options as overseas economies and trade realized greater levels of industrialization. Intentional rollbacks of countless regulations. Increasing outsourcing of government work to private sector in the name of “efficiency”. The corporations are just sitting their fat asses on the scale by just existing and consuming and growing bigger. The government has been continuously allowing counterbalances to be removed from the other side of the scale and here we are. We had a massive financial crisis in 2008 where some of the largest financial institutions in the WORLD much less the nation either went insolvent or nearly did. Millions of people lost jobs, retirements, and homes. And this was all due to widespread activity that was highly risky and poorly diversified but labeled as completely sound, as well as a significant amount of outright fraud. What was the response? Tighter regulations? Criminal or civil penalties for those running the roulette table? Nope. It was a massive bailout. And the funds didn’t go to people who’s homes were suddenly underwater, people who lost their jobs or nest eggs due to completely unrelated gambling of the high finance class. Nope. We propped up irresponsible institutions who then paid themselves bonuses on top of it all. To top it off our watchdog agencies that are supposed to curtail this behavior have not only lost a lot of regulation to enforce, but their budgets and workforces have also suffered, as well as the fact that as often as not they are being headed by handpicked industry insiders who go after infractions with something a little less than zeal. So if you think the current state or affairs in the US has anything to do with anything besides the government failing- for decades- to appropriately moderate free markets you need to stop dreaming. Because we’ve seen how good capitalism *can* be. Personally I still believe in it. A diverse and well capitalized economy functioning on sound fundamentals can generate massive monetary benefit to a broad range of participants and still generate enough excess to care for those who are not able or willing to participate for whatever reason. The fact remains though, private industry is not going to systematically reign itself in and provide fair living wages, control prices to a commensurately affordable level, or be good stewards of the environment without government intervention. It’s just not. We have a couple thousand years of human history and +/- 175 years of modern economics showing us this.
 

Avizeee - 198 upvotes - source
Bro.. it’s an estimate of 0.27% month-over-month percentage change for July CPI, with an estimate of the year-over-year percentage change for July CPI being 8.82%.. You’re trying to make it sound like the July CPI print is going to be _drastically_ lower than the 9.1% we just had for June, which is not the case.. https://www.clevelandfed.org/our-research/indicators-and-data/inflation-nowcasting.aspx

dajuhnk - 21 upvotes - source
To me it seems like everyone thinks we’re going back to ATH after a 9.1% cpi and 75bps hike So puts

screamingsnake828 - 20 upvotes - source
June CPI was 9.1%, Cleveland fed inflation nowcast is not a great forecasting tool. It just takes the last CPI number and adjusts it based on oil and gas prices over the month. Doesn’t account for changes in food or core CPI directly. It is giving a very strong sign that energy inflation will be very far down in July. Other things in the data are indeed suggesting we should see inflation go down in July. Market anticipates rates of 3.5% by year end. It also anticipates a pivot in the first half of next year. If inflation comes in slightly down (8.8 - 8.5), the expectation doesn’t change. If it comes in big down (<8.5) the fed could get more doveish by year end and maybe scale the hikes back by .25-.5%. If it comes in flat or up (>8.9) then we’re Gona see a drop as the fed will get more hawkish. *Predictions subject to change based on jobs report

SPDY1284 - 14 upvotes - source
June CPI was not 9.6%... So you lost all credibility there by half ass research. I'm also sure that you didn't look at the CPI chart at all, otherwise you would know that last year we had a dip in CPI during July and August that we are about to compare against, so CPI on a YoY change will look worse. So there's a good chance that we stay at 9.1% (June's CPI) or even surpass it due to the base effect. Edit: not to mention that CPI uses lagged housing/rent data that is just now accelerating. That makes up 1/3 of the CPI. It'll offset any energy decreases we saw in July.

bestaround79 - 2 upvotes - source
I think the next print is 9.1 or higher in YoY basis

Adventurous-Iron251 - 2 upvotes - source
My take on this is that Jpow said they will slow down with rate hikes if inflation calms down, and it seems like a lot of people thinks that inflation has peaked at 9.1%, so the market prices in a lower inflation number than that, but he also said that he will continue with more aggressive hikes if inflation isnt seemingly calming down. IMO the few cases that could happen: 1. Inflation comes in at a lower % than 9.1, which means the current rate hikes was enough to tame inflation, so the market keeps on being bullish. 2. Inflation comes in at a lower, but not low enough % that would justifie slowing down with the hikes, so the market probably will trade somewhat sideways until the next FED meeting in september where we will get a clearer image. 3. Inflation comes in at an even or higher level, market probably will panic and causes another sell off, and the intensity of it will be decided on how big the number is.

am-well - 2 upvotes - source
Yeah, and so what? These people could say "we're absolutely going to raise interest rates and reduce the balance sheet! We really mean it this time, guys! Please, don't pay attention to our lack of follow through just believe us again!" No one is buying it anymore. 16 months after this started, 9.1% CPI and the interest rate is just 2%. And they are still buying mortgage backed securities.

IVsaur15 - 1 upvotes - source
Too much for 9.1% inflation if you ask me

Impressive_Quote9696 - 1 upvotes - source
I tried every asset allocation and came to the conclusion i can sleep the best with: 90% VT total World Market ETF by vanguard 10% split into BTC / ETH Do this for 20 years and you will have a stable fortune without big risks and live your life ​ and please drop your mindset with having 10% every year, thats not realistic. Inflation wont stay at 9.1% forever

salgat - 1 upvotes - source
Dogecoin's inflation is a constant annual amount, which means the rate becomes smaller as the supply increases. For example, if you add 1 to a supply of 10, you've increased the supply by 1/10th or 10%. If next year you increase it from 11 to 12, you've increased it by 1/11th, or 9.1%. Technically Bitcoin was at 100% inflation at one point early on.
 

wsbgodly123 - 503 upvotes - source
This is the ultimate insider trading. Paul Pelosi has loaded on Lockheed Martin, Raytheon and Northrop Gruman calls before Nancy’s plane gets shot down by China.

HelloItsMeXeno - 179 upvotes - source
China's foreign ministry just said the PLA would not stand idly by if Pelosi lands in Taiwan. China never follows up their threats though

Pure_Tutor - 101 upvotes - source
Ironic is what comes to mind. The largest gain here was what ,1.3 million? Pelosi trades $ 5 million in options ahead of his wife's vote on the " chip bill" and what does the SEC have to say? Cricket's

Kharilan - 86 upvotes - source
Wonder why China would be mad about Pelosi visiting China? Unless China is acknowledging that Taiwan is a free and independent country 🤔

spac-master - 49 upvotes - source
Twitter made them remove this tweet, but it’s crazy that Chinese state media controlled by government writing something like that, “We will shoot down Pelosi plane”

NoseNoseFoot - 38 upvotes - source
This person also happens to be my long lost uncle's husband's cousin's real estate agent's daughter's boyfriend. That's about 3-4 degrees of separation. Not insider trading if you ask ~~Pelosi~~ me.

WingedHussar79 - 35 upvotes - source
Quick get him elected into Congress and make friends with Nacy Pelosi. Everything will be ok then.

TheMoreYouSnowMan - 33 upvotes - source
Just "identify" as Nancy pelosi.. should be good 2 go

ChristophAdcock - 27 upvotes - source
What do you think happens to the stock market if Pelosi does go to Taiwan and China responds.

mousepop321 - 23 upvotes - source
If I write a 50 page erotica about Nancy Pelosi getting captured by China…. You guys would buy it… right?