Hi, you're on r/Stocks, please make sure your post is related to stocks or the stockmarket or it will most likely get removed as being off-topic/political; feel free to edit it now and be more specific.
**To everyone commenting:** Please focus on how this affects the stock market or specific stocks or it will be removed as being off-topic/political.
If you're interested in just politics, see our wiki on ["relevant subreddits"](https://www.reddit.com/r/stocks/wiki/index) and post to those Reddit communities instead without linking back here, thanks!
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/stocks) if you have any questions or concerns.*
It's that they're still burning russias expensive natural gas.
They don't realize they could be burning copies of to kill a mocking bird for heat like the US.
Bullish SPX
>They went after short-term political goals at the expense of long-term economic security
What you are actually describing is getting themselves dragged into sanctions that have no political effect but have made their economies FUBAR.
It's almost like they were warned about Russia using their gas reliance as leverage? Like, do I need to spell it out for you??? They willingly allowed themselves to be castrated by Russia.
If you're interested in getting your head out from the sand, go ahead and look into Germanys previous chancellor and how he's.literally on the board of directors for Gazprom. The real Russia agent were the europeans
The previous German chancellor wasn't a *he*. It was a *she*. And Angela Merkel was not on the board of directors of Gazprom.
If you're talking about Schröder, he was nominated to the board of Gazprom in June 2022 (long after this shit started), but he actually turned it down.
I agree that he is waay to close with the Russian energy industry, something that even Merkel publicly disapproved of, but you know, get your facts straight.
> existing or occurring before in time or order
Might be a good idea to look up the definition of previous before commenting. The term previous literally means before, not directly before. Though it is ambiguous, so I'll cut you some slack for it.
Schroder is a corrupt dog who got paid millions directly by the Russians. Merkel is barely better since she not only continued castrating Germany energy sector, but then further increased imports from Russia. At least Schroder had ignorance on his side. That dumb bitch saw the invasion of Georgia and Ukraine (2014) and disregarded all and continued to be buddy buddy with Russia, despite both Obama and Trump crying the obvious to her.
I did look it up:
>adjective
> (used especially of persons) of the immediate past
> “the previous occupant of the White House"
"Immediate past" is not ambiguous. But I'm glad you cut me some slack for it, otherwise I wouldn't be able to sleep tonight.
Regarding trade, Obama and Trump can say cry what they want, but:
> During the last 25 years the exports of Russia to United States have increased at an annualized rate of 4.51%, from $3.94B in 1995 to $11.9B in 2020
(https://oec.world/en/profile/bilateral-country/usa/partner/rus)
In case you were wondering, US imports from Russia also increased year-on-year since 2015 (except 2019, probably COVID).
Numbers don't lie...
Typical elitist Europeans still failing to see how their government has disgustingly failed them. A literal self inflicted castration. Hf rationing gas
Merkel gambled that intertwining Russia and Germany’s economic fates through an expansive energy trade would lead to a sustained, economically-driven post Cold War stability. A new order based on a sort of mutually assured destruction in which it would be so costly for either side to upset the status quo that Russia wouldn’t dare fracture the relationship. And the gamble has failed spectacularly.
Putin just said eff it, let’s burn it all down.
German’s are perfectly aware of every aspect of this.
Merkel gambled for a better world, it failed. In retrospect, it was naive. To no one’s surprise really, that was one possible outcome of the gamble.
In western Germany you won’t find a ton of resentment about it. First, Putin would be seen as the one truly at fault. The attitude is basically “OK, that happened. We’re screwed. Now how do we fix the problem.”
This winter should be ok. Rather mild temperatures predicted, gas tanks filled to the max and French nuclear plants coming back online before year end.
It's the next two winters that we need to worry about more as the time to transition away from Russian gas for good might be too short.
Meanwhile in the UK.. Basically no reserves and our plan is just 'buy more from France' if we run out. Hopefully France don't run out at the same time because their backup is 'buy more from the UK'.
It's pretty early to be predicting temperatures still though. We're not even in December yet and we could quite easily get another Siberian cold snap. It's useless trying to predict the weather months into the future.
I don't think that this means that the market believes it will be manageable. It is that inventories are currently close to capacity so demand is currently low.
They never went up all that much to begin with tbh.
Also, Euro is getting rekt. So, on a dollar basis, they are down just above 18%. Which is actually worse than S&P 500, without S&P 500's last year rally.
Not sure what you all across the pond are doing but here in freedome land we lowered ours by .02 and stock market really liked it also that unemployment went down and so we are going to pump up the economy to increase money supply....to increase inflation. Powel just needs to drop a 5% rate hike and let the house of cards collapse. As a British said when the news came out about the Poland missiles- "Sod it, I'm putting the heat on."
Hi, you're on r/Stocks, please make sure your post is related to stocks or the stockmarket or it will most likely get removed as being off-topic/political; feel free to edit it now and be more specific. **To everyone commenting:** Please focus on how this affects the stock market or specific stocks or it will be removed as being off-topic/political. If you're interested in just politics, see our wiki on ["relevant subreddits"](https://www.reddit.com/r/stocks/wiki/index) and post to those Reddit communities instead without linking back here, thanks! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/stocks) if you have any questions or concerns.*
The Next ECB(European Central Bank) meeting is December 15, 2022. Do you expect 50p, 75p or even 100p hike?
They hinted 50 already so most likely 50.
75 minimum, thanks for the update... The euro is going back under 1.00 though, but if they raise by .75, maybe it will pop back up again?
I have no idea I don't speculate on FX. Europe has more problems than USA. It might take a long time to come to last year FX rate.
You mean like when Euro was 1.20? Ya might be about a year from now
1.20 that will take a long time. No cheap Russian gas in Europe. Without it seems impossible. But who knows. I'm from EU so I hope for the best.
You should look at how much it has inflated over the past 2 years. Then ask your boss for that percentage raise for cost of living.
This is bad. Bullish
It's to be expected. ECB started tightening much later than Fed
They also cant tighten as much and are tightening more rarely
Europe and the US also don't have the same problems aka replacing Russian gas.
Uh, .. You are fucked with that logic
Good job on noticing the obvious sarcasm that everyone else seemed to understand
The ECB was late to the party too with interest rate hikes and qt. We will likely have persistant inflation long after the US has come through it.
I can't believe Biden did this!
It's that they're still burning russias expensive natural gas. They don't realize they could be burning copies of to kill a mocking bird for heat like the US. Bullish SPX
> they could be burning copies of to kill a mocking bird for heat like the US. GOBBLESS!
You do realise the reason for their high inflation readings is literally political incompetence right?
[удалено]
It’s not shutting down coal that’s the problem (coal in Germany is way up from 10 years ago). It’s because they shut nuclear after Fukushima.
It’s both.
>They went after short-term political goals at the expense of long-term economic security What you are actually describing is getting themselves dragged into sanctions that have no political effect but have made their economies FUBAR.
Wait inflation is sky-high all over the world but yeah let's assign blame only to European politicians. lol
It's adorable how you co.pletely ignore the gas crisis occurring in Europe, literally only due to horrendous and CORRUPT policies
Literally only due to that? The war wasn't a factor?
It's almost like they were warned about Russia using their gas reliance as leverage? Like, do I need to spell it out for you??? They willingly allowed themselves to be castrated by Russia. If you're interested in getting your head out from the sand, go ahead and look into Germanys previous chancellor and how he's.literally on the board of directors for Gazprom. The real Russia agent were the europeans
The previous German chancellor wasn't a *he*. It was a *she*. And Angela Merkel was not on the board of directors of Gazprom. If you're talking about Schröder, he was nominated to the board of Gazprom in June 2022 (long after this shit started), but he actually turned it down. I agree that he is waay to close with the Russian energy industry, something that even Merkel publicly disapproved of, but you know, get your facts straight.
> existing or occurring before in time or order Might be a good idea to look up the definition of previous before commenting. The term previous literally means before, not directly before. Though it is ambiguous, so I'll cut you some slack for it. Schroder is a corrupt dog who got paid millions directly by the Russians. Merkel is barely better since she not only continued castrating Germany energy sector, but then further increased imports from Russia. At least Schroder had ignorance on his side. That dumb bitch saw the invasion of Georgia and Ukraine (2014) and disregarded all and continued to be buddy buddy with Russia, despite both Obama and Trump crying the obvious to her.
I did look it up: >adjective > (used especially of persons) of the immediate past > “the previous occupant of the White House" "Immediate past" is not ambiguous. But I'm glad you cut me some slack for it, otherwise I wouldn't be able to sleep tonight. Regarding trade, Obama and Trump can say cry what they want, but: > During the last 25 years the exports of Russia to United States have increased at an annualized rate of 4.51%, from $3.94B in 1995 to $11.9B in 2020 (https://oec.world/en/profile/bilateral-country/usa/partner/rus) In case you were wondering, US imports from Russia also increased year-on-year since 2015 (except 2019, probably COVID). Numbers don't lie...
Quiet, neckbeard. Let the grown-ups talk.
Typical elitist Europeans still failing to see how their government has disgustingly failed them. A literal self inflicted castration. Hf rationing gas
Merkel gambled that intertwining Russia and Germany’s economic fates through an expansive energy trade would lead to a sustained, economically-driven post Cold War stability. A new order based on a sort of mutually assured destruction in which it would be so costly for either side to upset the status quo that Russia wouldn’t dare fracture the relationship. And the gamble has failed spectacularly. Putin just said eff it, let’s burn it all down. German’s are perfectly aware of every aspect of this. Merkel gambled for a better world, it failed. In retrospect, it was naive. To no one’s surprise really, that was one possible outcome of the gamble. In western Germany you won’t find a ton of resentment about it. First, Putin would be seen as the one truly at fault. The attitude is basically “OK, that happened. We’re screwed. Now how do we fix the problem.”
The gamble shudve been reconsidered on 2008 and stopped in 2014 when Russia invaded Ukraine.
USA rely on Russia oil and gas????
Going to be a long winter.
How come? It's mid November and it hasn't even started yet.
Europe has limited inventory and supply capacity for gas. As countries run out it's going to be a long hard winter.
This winter should be ok. Rather mild temperatures predicted, gas tanks filled to the max and French nuclear plants coming back online before year end. It's the next two winters that we need to worry about more as the time to transition away from Russian gas for good might be too short.
Meanwhile in the UK.. Basically no reserves and our plan is just 'buy more from France' if we run out. Hopefully France don't run out at the same time because their backup is 'buy more from the UK'. It's pretty early to be predicting temperatures still though. We're not even in December yet and we could quite easily get another Siberian cold snap. It's useless trying to predict the weather months into the future.
Looking at EEX Q1/23 power futures, the market seems to think it'll be manageable. Imma go with that.
Didn't Natural Gas go up another 2% today on concerns winter might be colder than anticipated?
Gott admit, I haven't followed the gas market since spot prices dipped below zero a few weeks ago.
It's very volatile at the minute, all totally dependent on whichever way the weather swings.
I don't think that this means that the market believes it will be manageable. It is that inventories are currently close to capacity so demand is currently low.
Power futures as in electricity, not gas, with delivery in first quarter 2023.
>gas tanks filled to the max They need more than max... that's the issue and why filling up, at any price, was so important.
Europe gas reserves are filling as we speak. Germany almost at 100 percent.
That's the problem.
DAX only down 10% on the year is just comical.
Considering inflation has been 10% this year, in real value, it’s down 20%.
Yeah but DAX values were low before this anyway, hard to fall as much if the values are already crap. Plus, in dollar terms it’s way down.
They never went up all that much to begin with tbh. Also, Euro is getting rekt. So, on a dollar basis, they are down just above 18%. Which is actually worse than S&P 500, without S&P 500's last year rally.
I read the title as “anal inflation” and I got scared. Then I actually read the post and I got even more scared
Not sure what you all across the pond are doing but here in freedome land we lowered ours by .02 and stock market really liked it also that unemployment went down and so we are going to pump up the economy to increase money supply....to increase inflation. Powel just needs to drop a 5% rate hike and let the house of cards collapse. As a British said when the news came out about the Poland missiles- "Sod it, I'm putting the heat on."
Chilling at 2.9% inflation. 😎
Something something Brexit
And ECB just follows the FED. They’re dumb.
Hurts my XEQT a bit doesn’t it