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The original was posted on /r/wallstreetbets by /u/kingjack03 on 2024-08-17 12:45:34+00:00.


It is exactly 4:54 am as I start typing this shit. I’ve been looking at the charts and economic data all night as well as different funds recent trades. My oh fucking my. What the fuck is going on here. The market is currently ripping off of the consensus we have officially bottomed and there is no threat of an imminent recession. CPI comes out under 3% and the market rips the next day. We all think this is the holy grail bull run coming that has drowned our underwear in substances during our wet dreams of this time. But realistically, CPI going under 3%, which it hasn’t done in three years, just means that the economy is slowing down to rates we haven’t seen in 3 years. Doesn’t that just mean we are more likely heading to a recession. All of the data is pointing to the economy “cooling down”. Economic indicators globally in other nations are pointing towards the same “cooling down” phase. Just a little fucking curious as to why anyone is even ripping the market long term right now. Citadel doesn’t even know what the fuck to do as most of their positions are straddled with heavier percentages of assets allocated in puts. Just curious as to what anyone thinks of this. Am I slow (as in slow I mean a word that is banned by Reddit)? Am I going crazy? At this fucking point it could be both. But I think that everyone entering the market right now in long term securities could be entering a death sentence. Please let me know what you guys think. Currently working on a MCMC quant strategy relating certain market corrections to the drawdown that just happened. Highly suggest looking into MCMC. Will post more about what I find from this strategy soon. Please let me know if I should just shut the fuck up and throw some Gs on the TQQQ.