CalebTK : Are you saying it will reach 575 this week?

104542612 : I remembered last time you said it was going to 120. it was around this price back then. maybe 2, 3 weeks ago??

Tonyco : rates stagnant.
recession will hit full on mid summer, once the full effects of this garbage are apparent to the short-sighted.
inflation increase dramatically, layoffs, loan defaults will cause death spiral for consumers, while interest rates will remain unchanged, ineffective Republican government will lead to shutdown and possibly default and credit downgrade
Beginnings of depression by year end.
Next year, bank failures will accelerate as dollar loses value, deregulation lead to risky loans increasing defaults, and mortgages and other big loans default
meanwhile, businesses continue to go insolvent, inflation stays high with unemployment, prolonging the misery.
end of next year US senate and congress will swap majorities (assuming orange mussolini doesn't attempt martial law takeover before then), beginning of 2027 may see some hope of recovery. We'll see.

J L 7 2 : Today's fraudulent society is very skilled at using false information to make money; waiting for Stocks to rise or fall legitimately is too slow.

ah bee trades OP Tonyco : i am puzzled at the lack of concern over negative gdp also... is the market pricing in some good news?

ah bee trades OP J L 7 2 : back to my favorite quote, markets can be irrational longer than you can be solvent...

104079172 Tonyco : The negative GDP is only 1 quarter and largely caused by the huge front loading of imports in anticipation of tariffs. It's the reduction in forward capex, the declining jobs openings,  likely less than favourable PMI and the stunning reduction in container traffic from China to the US that point to all not looking good. Trying to rationalise the seemingly incomprehensible rise of the market, the thinking is that markets tend to stabilise around equilibrium levels pre big earnings hence the run ups yesterday before  4pm. 560-565 is now the hyper critical level after MS and META. APPL and AMZN are going to be pivotal as would today and tomorrow's US govt economic news. The DCB is still in play