We won't "rally" in any meaningful sense until interest rates stop increasing, and interest rates won't stop increasing until inflation comes down significantly.

I bought IEP just for Dividend and it’s up 7%

A nice surprise

The problem is, increasing interests rates does not affect (or close to zero) inflation

I agree. The traditional reason for inflation is too much money. This inflation is caused by too few goods from supply chain bottlenecks. You can reduce the monetary supply to marginally reduce inflation but most of the goods being sought are relatively inelastic, so there won't be a large impact from contracting the monetary supply.

I view it as their only way to do something, even though they know it won't be enough, they'll have no others choices than printing more and more money.
And when you look at public debt of most of our countries, you realize it is gonna boomerang soon in our faces.
It's even worse in euro system because 1 card could make the whole castle collapse (au hasard, Italia)

China market wow

So happy I left baba lmao Jesus

BLOOD

Anybody staying in Chinese stocks was asking for it.

I took a small L with BABA in the mid 150s

Now its 60 holy fuk... thank god i got out

This post was edited by Pharaohmon on Oct 25 2022 01:54am

Well this is my best day of the year

Tonight we going to applebees