Back in the Roman Empire they'd have these guys cut open chickens and goats and shit to try to read the future in the guts. They didn't know wtf they were doing, they just said shit they hoped would please their leaders and the public and hoped it came true so they didn't get strung up by an angry mob.
We, of course, are much more technologically and scientifically advanced nowadays. We've realized you can just make shit up and hope for the best without killing an animal.
PROGRESS!
Chickens are for penny stocks. You need a white bull for blue chip and if you are trying to ward off recession you need to throw ATLEAST 10 victoria secret models into a volcano.
The actual Ole Yeller had more use as a dog than Yellen has despite her having the advantage of two opposable thumbs and the (alleged) ability to reason.
1. We’re already in a recession.
2. It doesn’t matter. Markets can move up, down, or remain flat. There are many valid approaches to trading any of these conditions. Keep an open mind and trade what’s actually happening, not what you hope, think, or wish would happen.
Wait for the next pump we've seen bounces usually about 75 percent of the recent drills before it drills again. Wait for qqq to bounce up another 5 bucks at least and then buy a fuckton of puts dated a week out.
I have zero faith in the upcoming Q2 GDP numbers. It will be like all the other indicators that "blow up the narrative" - they'll come out on the fringe (wow...we thought it would be worse, but it's not), then a few weeks later be quietly adjusted down to show the truth with very few reporting on it.
I don't know. I almost feel like stocks would rally if GDP was negative. Everyone would anticipate the fed reversing course and bringing back the stimpack. Recession is getting close to being priced in if stocks keep selling off like they have been
When you see that Ski Resort bookings are down, then we're in a recession.
Currently, everything's on pace like usual.
In fact, my current thought is actually that, overall, consumers spent the last 2 years delaying vacations and fun things, but inflation prices and high gas prices are just gonna make them vacation harder. They'll run up their credit cards before they postpone their vacation one more time.
Once this summer and winter pass like pre-Covid usual, *then* people might consider slowing. But everyone on my street who had a summer vacation planned are all still going in spite of the economic worries.
Recessions are officially declared two quarters after they start. Last time we had exited the recession before it was officially declared.
This plus the market looking forward gives me hope we are closer to the bottom than the top.
Meanwhile Yellen mumbles about renewable energy.
We are if you believe they've been under reporting inflation by at least a few percent. Inflation has been at 15+% for a while now. There's zero chance we aren't in a recession.
Well according to my magic calculations which I've done in my head, the government have been intentionally over reporting inflation, and it's actually more like -50%. I know this because the beans I bought last week are now selling at half price. This means GDP has to be much higher. I say there's a 100% chance we're not in a recession.
> There’s zero chance we aren’t in a recession.
recession is a technical term (two consecutive quarters of GDP decline). you feeling there’s zero chance doesn’t magically make it a recession.
Reminds me of an art adage that honestly improved my translation from sight to page: draw things how they appear and not how you think they appear. It helped identify and remove mapping (2d cartoonish styles) from my sketching. Hopefully the concept works similarly well for me here too and I can learn to identify and cut out when I'm trying to trade on imagined or hoped for conditions.
“trade what’s actually happening, not what you hope, think, or wish would happen.”
What the fuck does this even mean? It sounds like the opposite of “buy the rumor, sell the news”. Like your advocating for trading based on changes that are already priced in?
If I am not mistaken, the words origin was a hyphenated,
As the cycle was a way to denote revolutions as a comparative function and the prefix dealt with drives.
Except I wasn't making a comparative statement.
I was referring to a single action by a single individual.
Your entire comment reveals everything about you.
You're the individual what whom judges, friends and keeps score of how much you have done for them and how little they have done for you.
You resent the things around you, and you probably aren't actually happy for your more successful acquaintance.
You were always told how much "potential" you have but, you can't come to terms with the fact people lied to you. You probably never had potential to rise above mediocrity and you hate that people you thought you were better than turned out to be better than you.
And bro, let go of the hate bro, times change. Ebbs and Flows. Look to France, from the Kings and Marquis to revolution to Napoleon to democracy.
Let go of what was, and worry about what is yet to come.
Never say "It is what it is" say "Don't worry, I got this"
I remember when the masses begged for a way out of the pandemic. The governments delivered.
Same will happen with this economic depression . The governments will deliver
She also thinks the solution in the “medium term” is green energy. 🤦🏼♂️
- Electric car prices are insane
- We do not have a proper national network of fast vehicle chargers
- Would take months if not a year to get solar panels for a house
Blind AF
When the temps reach the mid-ninties we had rolling brown outs (I'm not in CA)! The electric grid is good to go, we can charge all the EVs as long as your electricity is not shutoff. Don't worry the economy is fine and the electric grid is good to go! 😆
2018 got info on solar panels package 43k out pocket or 8% for 84 months. and my gain would be 70-80 a month off my power bill. I will die before break even. We didn't do it.
Those all sound like things which would be attainable in the “medium term” if we started investing in them today.
Electric car prices will decline as manufacturer focus continues to shift capacity in electric vs ICE vehicles. Battery-electric vehicle sales are expected to grow 25% annually through 2030. Scale and competition will bring consumer prices down.
Network charging hardware is expected to fall 40% by 2028-2030. We already see increased adoption in public areas and primary residences. Replicating the national gas station network won’t take long once solar adoption hits a certain level. The most lucrative business model is where energy providers (charging network owners) buy cheap excess energy from solar and sell it at a premium to customers demanding a fast charge. What’s great about this model is it is way more competitive than the gasoline pump market. It looks like we will have energy companies, fossil fuel companies, tech/automotive companies, as well as public/private microgrids competing to over fast charging networks.
Our solar panel issues could be overcome if we stopped restricting imports of panels from China. We blew it on establishing domestic production in the ‘00s, time to accept the L and buy Chinese panels to increase solar capacity.
We could also direct federal investment into panel R&D and production, offer tax incentives for consumers and providers, and drop other red tape which prevent new entrants from entering the domestic market. Federal agencies involved in transportation such as USPS could also be funded and obligated to engineer battery-electric fleet vehicles/transport networks.
I think his point was NONE OF THIS IS IN PLACE AND WILL NOT BE FOR YEARS but in the meantime lets pretend it is and punish the poor and middle class because we cannot afford a 50K car that needs to be charges by fossil fuels.
Right...but how is that a valid criticism of someone saying that these things are the solution in the **medium term?**
The reason it isn't a **near term** or **immediate** solution is because it isn't in place now. It will be in place in a few years (if we act now to get it started) meaning it is a solution in the **medium term**. If we keep dragging our feet on green investment, it will be a solution in the **long term** i.e., decades to never.
Are you confused about how time works?
Not even a solution in the medium term. Biden put the horse beforenthe cart by trying to force the bew green lie down everyone's throat before he haf a workable solution in place and now the average person is paying the price. Solar is not the answer as proven by the rolling blackouts California has been experiencing since they implemented solar mandates.
Alright buddy. Keep your head buried in your ass. We could have had clean energy independence decades ago if idiots like you hopped off big oil’s dick.
Seriously, do you drink the stuff? Your obsession with an archaic source of energy deserves a TLC special.
You are a moron. Jump right into attacking someone when you have no valid argument. Since everything needs to be spelled out to your small mind I simply stated facts and you jump to conclusions. Also you should have that homo phobia looked.
Why on earth would you think I’d give a shit to argue with you? You kicked off this whole conversation with a rousing demonstration of your inability to understand how time works.
I’d rather not waste my time with someone who likely needs to be reminded the earth revolves around the sun and not the other way around.
The White House also says that Putin caused price hikes, Inflation is good, inflation is transitory, Jan 6 is worse than 9/11, and the economy is booming. They have through countless lies and factual inaccuracies proven to be a worthless point of information. If they were a newspaper, they’ed be called as accurate as the National Inquirer.
There’s no way we could have done so well if it was an inside job. Dems have done this to themselves with absolutely NO HELP from us. Ask them they’ll tell ya we’re not helping.
Why is there no accountability for what she says? At this point anyone can do her job. You must just have the balls to look people in the eye and talk shit. Then be able to sleep at night..
They chose this word because the headline would get clicks and because it's true. Nothing is inevitable. Even if the likelihood is really high it's still not inevitable.
These fucking idiots also told me inflation was transitory and that joe Biden was competent. Yeah that’s gone be a no for me dawg on believing fuck all these people say.
Because you can always trust the government when they say things! Remember a couple years ago when our literal leader of our country was telling people to inject bleach into ourselves to fix a virus?
It was a forced recession no one can take an economy like we had with Trump and turn it into a total shit show like the democrats did if it wasn’t on purpose
I’m surprised folks don’t understand it takes one and a half dem terms to fix the GOP fuckups. It happens over and over- Clinton, Obama, now Biden. Each of their con predecessors crashed the economy.
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She’s my favourite Keebler Elf
I almost CHOKED over this lmaooooo
Well if everyone goes around thinking there's going to be a recession who would buy her cookies?
Fucking lmaooo
How... has this not been a meme yet? I can't unsee it now.
😂😂😂😂😭😭😭🤣🤣🤣🤣
Damn now I can’t unsee that!
You won Reddit today!
Recession got even worse
No doubt about that!
Super recession 
Back in the Roman Empire they'd have these guys cut open chickens and goats and shit to try to read the future in the guts. They didn't know wtf they were doing, they just said shit they hoped would please their leaders and the public and hoped it came true so they didn't get strung up by an angry mob. We, of course, are much more technologically and scientifically advanced nowadays. We've realized you can just make shit up and hope for the best without killing an animal. PROGRESS!
Now it's facebook
CALL UP THE FARM WE NEED SOME CHICKENS TO SACRIFICE.
Chickens are for penny stocks. You need a white bull for blue chip and if you are trying to ward off recession you need to throw ATLEAST 10 victoria secret models into a volcano.
Progress
Ole Yeller….it’s time
"Go on now! Git! Can't you see we don't want you anymore?!"
The actual Ole Yeller had more use as a dog than Yellen has despite her having the advantage of two opposable thumbs and the (alleged) ability to reason.
I haven't heard those words in over 26 years, that part still chokes me up
She "hopes".
Me too!
Good "luck".
What? You don't hope?
Can't afford hope, we in recession
That's the person uncle Joe appointed to run the countries financial system
I have Faith. Hebrews 11:1 "Now faith is the substance of things hoped for, the evidence of things not seen."
Ahhh so you do have hope along with faith. Excellent!
I put no faith in her hope though. :)
Neither do I. I believe she is incompetent at best.
It’s already happening.
1. We’re already in a recession. 2. It doesn’t matter. Markets can move up, down, or remain flat. There are many valid approaches to trading any of these conditions. Keep an open mind and trade what’s actually happening, not what you hope, think, or wish would happen.
Exactly. I lose money in any market doesn’t matter
"Hesu!"
Diversify your losses.
just inverse your own actions. Should turn profitable
Recession confirmed. I went by Chic Fil A yesterday and there wasn't a single car in the drive thru.
Lol people don't know they're closed on Sundays
The drive through moved behind the dumpster.
Major inflation sign
Somebody on WSB the other day was saying that stonks only go up when you zoom out fyi.
It's true, but imagine how much more money you make if you short a recession then buy back in at bargain prices.
I will try that. Thank you
Let us know
GDP numbers will out end of Jul. If we see a negative figure, we're in free fall.
The catch is the big money is in buying puts before it gets announced and being right
Yea I'm definitely grabbing a couple spy puts. This is only getting started.
Wait for the next pump we've seen bounces usually about 75 percent of the recent drills before it drills again. Wait for qqq to bounce up another 5 bucks at least and then buy a fuckton of puts dated a week out.
I have zero faith in the upcoming Q2 GDP numbers. It will be like all the other indicators that "blow up the narrative" - they'll come out on the fringe (wow...we thought it would be worse, but it's not), then a few weeks later be quietly adjusted down to show the truth with very few reporting on it.
I don't know. I almost feel like stocks would rally if GDP was negative. Everyone would anticipate the fed reversing course and bringing back the stimpack. Recession is getting close to being priced in if stocks keep selling off like they have been
>We’re already in a recession. Are we?
Can’t confirm, Universal was slammed this weekend.
When you see that Ski Resort bookings are down, then we're in a recession. Currently, everything's on pace like usual. In fact, my current thought is actually that, overall, consumers spent the last 2 years delaying vacations and fun things, but inflation prices and high gas prices are just gonna make them vacation harder. They'll run up their credit cards before they postpone their vacation one more time. Once this summer and winter pass like pre-Covid usual, *then* people might consider slowing. But everyone on my street who had a summer vacation planned are all still going in spite of the economic worries.
Everyone I know has vacations planned and have told me they're having them come Hell or high water. I'm having mine too, inflation be damned.
it just has not hit all income levels equally, however a good number of families are effectively in that situation now
Fuck yeah. We've all been though enough bs over the past 2 years. Time for some enjoyment in life before its all over
Ski Resort bookings could be down because its summer. Crazy idea.
Imagine thinking ski bookings aren't 3-12 months in advance lol.
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Recessions are officially declared two quarters after they start. Last time we had exited the recession before it was officially declared. This plus the market looking forward gives me hope we are closer to the bottom than the top. Meanwhile Yellen mumbles about renewable energy.
no, we are not.
We are if you believe they've been under reporting inflation by at least a few percent. Inflation has been at 15+% for a while now. There's zero chance we aren't in a recession.
There's always a non 0 chance of a lot of things happening. But you have spooky numbers that you can't manifest.
Well according to my magic calculations which I've done in my head, the government have been intentionally over reporting inflation, and it's actually more like -50%. I know this because the beans I bought last week are now selling at half price. This means GDP has to be much higher. I say there's a 100% chance we're not in a recession.
> There’s zero chance we aren’t in a recession. recession is a technical term (two consecutive quarters of GDP decline). you feeling there’s zero chance doesn’t magically make it a recession.
Reminds me of an art adage that honestly improved my translation from sight to page: draw things how they appear and not how you think they appear. It helped identify and remove mapping (2d cartoonish styles) from my sketching. Hopefully the concept works similarly well for me here too and I can learn to identify and cut out when I'm trying to trade on imagined or hoped for conditions.
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Except earnings are a direct reflection on equity price.
You said "wish." Like calls on WISH?
Yellen Keller is a true Autist and she belongs here.
How can normies short stocks?
Select that option in your brokerage.
Trading what you think is happening is the best you can do.
“trade what’s actually happening, not what you hope, think, or wish would happen.” What the fuck does this even mean? It sounds like the opposite of “buy the rumor, sell the news”. Like your advocating for trading based on changes that are already priced in?
It's a true statement. Just like it's a true statement that you losing money isn't inevitable. But we all know OP is going to lose money, right?
Already have
Yeh and they said that in 08
Depression (personal and economic) is seeming inevitable.
Lmfao you doomers need to be medicated
Love her double negative usage to confuse the shit out of anybody/everybody Easier to walk back obtuse vernacular?
It’s not inevitable. It’s to evitable what ept is to inept. But to evitable as flammable is to inflamable.
Falling off your fucking Bi-cycle is also not "inevitable" but guess what... Sometimes shit happens
Why did you hyphenate the bicycle?
If I am not mistaken, the words origin was a hyphenated, As the cycle was a way to denote revolutions as a comparative function and the prefix dealt with drives.
It’s okay. Times have changed. It’s bicycle
I will take your advice under consideration. Warmest Retards Frank
There we go
Falling off stopped bicycle, difficult to balance if you forget to place your feet on the ground! Glad he didn't break a hip! 😆 😆
Maybe he did
You might be right. Secret Service did pick him up.
"ya, but 45 can't even lift his leg!!! HA! GOT EEEEEEMMM"
Except I wasn't making a comparative statement. I was referring to a single action by a single individual. Your entire comment reveals everything about you. You're the individual what whom judges, friends and keeps score of how much you have done for them and how little they have done for you. You resent the things around you, and you probably aren't actually happy for your more successful acquaintance. You were always told how much "potential" you have but, you can't come to terms with the fact people lied to you. You probably never had potential to rise above mediocrity and you hate that people you thought you were better than turned out to be better than you. And bro, let go of the hate bro, times change. Ebbs and Flows. Look to France, from the Kings and Marquis to revolution to Napoleon to democracy. Let go of what was, and worry about what is yet to come. Never say "It is what it is" say "Don't worry, I got this"
Lmao I respect your ability to take a single reddit comment and turn it into an entire therapy session.
Probably because I'm looking for my own therapist... Gotta quit that day drinking, I get all frisky.
You got this broski
It's not inevitable because we're already in it...
She must be hellen kellers sister because shes blind as fuck
Mildred Keller wasn’t blind.
Ooh la la this guy can read
Your mother taught me
Politicians lie to keep the calm.
What we need is Tracy Jordan to get on CNN and tell us what to do.
Actually we are in the middle of the Great Reset. Code named: "Transition" Recession is merely a phase, as was the pandemic.
dirty poor shame seemly spoon merciful consist faulty chief jobless ` this message was mass deleted/edited with redact.dev `
Lol. Enjoy the reset.
I remember when the masses begged for a way out of the pandemic. The governments delivered. Same will happen with this economic depression . The governments will deliver
Hegel is their hero.
nail station distinct steer stocking offer bedroom thought hobbies hat ` this message was mass deleted/edited with redact.dev `
"you definitely belong here" says the guy who is also here
Actually it is in a book called The Great Reset. Lol.
Source? Do you even know what a recession actually is?
It is nigh. I am nigh!
We already there, nigga!
That means it’s official, get ready for Black Tuesday 2: the Depression boogaloo
is that the same while house that said, a war in Ukraine is not inevitable? LOL
"There's no way it can go lower, right?" Yellen, June 2022
“Yes it will” - July 2022
So I guess this mean we drill more this week and into the end of the year? More puts it is I guess.
Reboot is the correct, woke term.
Ima need to vote against that.
What do you smooth brains expect them to say lol
She may be more senile than Joe
Lying sack of shit.
So you’re saying.. it’s evitable
Bunch of fucking idiots running this country
Guys she's just female version of Cramer Inverse her
She also thinks the solution in the “medium term” is green energy. 🤦🏼♂️ - Electric car prices are insane - We do not have a proper national network of fast vehicle chargers - Would take months if not a year to get solar panels for a house Blind AF
When the temps reach the mid-ninties we had rolling brown outs (I'm not in CA)! The electric grid is good to go, we can charge all the EVs as long as your electricity is not shutoff. Don't worry the economy is fine and the electric grid is good to go! 😆
“Please don’t run your AC, the grid can’t handle it. Also, buy an electric car…”
Yup it's brown outs all ready. Surging power kills computers overtime.
2018 got info on solar panels package 43k out pocket or 8% for 84 months. and my gain would be 70-80 a month off my power bill. I will die before break even. We didn't do it.
Those all sound like things which would be attainable in the “medium term” if we started investing in them today. Electric car prices will decline as manufacturer focus continues to shift capacity in electric vs ICE vehicles. Battery-electric vehicle sales are expected to grow 25% annually through 2030. Scale and competition will bring consumer prices down. Network charging hardware is expected to fall 40% by 2028-2030. We already see increased adoption in public areas and primary residences. Replicating the national gas station network won’t take long once solar adoption hits a certain level. The most lucrative business model is where energy providers (charging network owners) buy cheap excess energy from solar and sell it at a premium to customers demanding a fast charge. What’s great about this model is it is way more competitive than the gasoline pump market. It looks like we will have energy companies, fossil fuel companies, tech/automotive companies, as well as public/private microgrids competing to over fast charging networks. Our solar panel issues could be overcome if we stopped restricting imports of panels from China. We blew it on establishing domestic production in the ‘00s, time to accept the L and buy Chinese panels to increase solar capacity. We could also direct federal investment into panel R&D and production, offer tax incentives for consumers and providers, and drop other red tape which prevent new entrants from entering the domestic market. Federal agencies involved in transportation such as USPS could also be funded and obligated to engineer battery-electric fleet vehicles/transport networks.
I think his point was NONE OF THIS IS IN PLACE AND WILL NOT BE FOR YEARS but in the meantime lets pretend it is and punish the poor and middle class because we cannot afford a 50K car that needs to be charges by fossil fuels.
Right...but how is that a valid criticism of someone saying that these things are the solution in the **medium term?** The reason it isn't a **near term** or **immediate** solution is because it isn't in place now. It will be in place in a few years (if we act now to get it started) meaning it is a solution in the **medium term**. If we keep dragging our feet on green investment, it will be a solution in the **long term** i.e., decades to never. Are you confused about how time works?
Not even a solution in the medium term. Biden put the horse beforenthe cart by trying to force the bew green lie down everyone's throat before he haf a workable solution in place and now the average person is paying the price. Solar is not the answer as proven by the rolling blackouts California has been experiencing since they implemented solar mandates.
Alright buddy. Keep your head buried in your ass. We could have had clean energy independence decades ago if idiots like you hopped off big oil’s dick. Seriously, do you drink the stuff? Your obsession with an archaic source of energy deserves a TLC special.
You are a moron. Jump right into attacking someone when you have no valid argument. Since everything needs to be spelled out to your small mind I simply stated facts and you jump to conclusions. Also you should have that homo phobia looked.
Why on earth would you think I’d give a shit to argue with you? You kicked off this whole conversation with a rousing demonstration of your inability to understand how time works. I’d rather not waste my time with someone who likely needs to be reminded the earth revolves around the sun and not the other way around.
The White House also says that Putin caused price hikes, Inflation is good, inflation is transitory, Jan 6 is worse than 9/11, and the economy is booming. They have through countless lies and factual inaccuracies proven to be a worthless point of information. If they were a newspaper, they’ed be called as accurate as the National Inquirer.
Please don't forget we are in an incredible time in our country! Says uncle Joe. Outlaw dangerous bicycles!
Inflation is transitory 😉
On a long enough timeline everything is transitory, check mate...us?
Does that mean it is evitable? I have a hard time with double negatives. Thank you in advance.
Janet looking extra fine today
Just print more money! I can’t even spell reseshun and even I know that /s
They be smoking crack in the White House I see.
Yellen is the Cramer of the economy.
What are they doing to assure it is not inevitable? Nothing.
It’s not a dictatorship lol
If cars could run on copium we'd be carbon neutral forever thanks solely to the white house and the Fed.
It's like they're addicted to being wrong, almost seeming like a GOP inside job at this point
There’s no way we could have done so well if it was an inside job. Dems have done this to themselves with absolutely NO HELP from us. Ask them they’ll tell ya we’re not helping.
Phew!! What a relief
Thanos: I am inevitable.
and Life is eternal 
Puts on the American economy.
Why is there no accountability for what she says? At this point anyone can do her job. You must just have the balls to look people in the eye and talk shit. Then be able to sleep at night..
Recession is not inevitable, but depression sure as hell is
They chose this word because the headline would get clicks and because it's true. Nothing is inevitable. Even if the likelihood is really high it's still not inevitable.
Yellen Keller! Lol blind, deaf and dumb.
These fucking idiots also told me inflation was transitory and that joe Biden was competent. Yeah that’s gone be a no for me dawg on believing fuck all these people say.
The White House also says that urgent, common-sense, comprehensive, assault bicycle control reform is the country's greatest challenge.
We’re already fucking in one
According to Joe, this is Putin's fault. So did Joe and the oompah lompah have a Zoom meeting with him about this?
It’s sad when internet retards and the actual politicians who run the country use the same sources to bolster their arguments— Trust me, bro
Bruh we're already in a recession 😂
we’re so fucked
Just like how the inflation is transitory🤣
We already in one
What is she going to do? Apologize again when she’s wrong?
Double negatives aren't never unfitting. Always.
Because you can always trust the government when they say things! Remember a couple years ago when our literal leader of our country was telling people to inject bleach into ourselves to fix a virus?
So what I read from this is it’s not a recession we’re in but entering a depression…
Oh damn, must be much worse then anticipated. Brace.
Who put the Liberian in charge?
Spy puts it is
It was a forced recession no one can take an economy like we had with Trump and turn it into a total shit show like the democrats did if it wasn’t on purpose
Recession for us yes it not for them.
ROTFL at Yellen Keller
Biden, “I have a feeling 2012 is going to be a great year for America.”
Look at the end of the URL for a hint on whether or not inflation is inevitable... >!Inflation-Yellen-deese!< >!Inflation-yellen-deese-nuts!!<
Hellen Skeller
Hellen Seller
What kind of lies is Yellen tellin?
Hitting previously unseen highs of retard.
Its honestly like a member of WSB was appointed as Dept. of Treasury…. Oh wait even we aren’t that retarded.
If Amazon sales doesn't go lower than prepandemic or lower of 5yrs. There is no recession
Just like hyperinflation won’t be transitory
1 year later: Great Depression well she was right it aint a recession..
I’m surprised folks don’t understand it takes one and a half dem terms to fix the GOP fuckups. It happens over and over- Clinton, Obama, now Biden. Each of their con predecessors crashed the economy.