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Starting to Feel like a Bubble

Posted on 7/30/24 at 12:12 pm
Posted by FizzyPop
350 posts
Member since Jun 2024
632 posts
Posted on 7/30/24 at 12:12 pm
I don't want to use the R word because that might sound political on the Money board, but it's starting to feel like the Bubble could be taking on a pinhole or 3. I don't think it's constrained to just Big Tech, it's starting to feel across the board. Thoughts?
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
77263 posts
Posted on 7/30/24 at 12:12 pm to
The recession is always 6 months away.
Posted by notiger1997
Metairie
Member since May 2009
60876 posts
Posted on 7/30/24 at 12:16 pm to
Everything is going to fall off a cliff any day now. My gut feeling is how I know.
Posted by TrigSwig
Member since May 2024
331 posts
Posted on 7/30/24 at 1:02 pm to
The next 90 days for this country may be gut wrenching. Hope not, but it sure seems that way.
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
40866 posts
Posted on 7/30/24 at 1:23 pm to
The r word is retarded.
Posted by FizzyPop
350 posts
Member since Jun 2024
632 posts
Posted on 7/30/24 at 1:34 pm to
quote:

The r word is retarded.


In Mexico it's the e word, El Retardo.
Posted by FizzyPop
350 posts
Member since Jun 2024
632 posts
Posted on 7/30/24 at 1:36 pm to
quote:

The next 90 days for this country may be gut wrenching. Hope not, but it sure seems that way.


Starting to feel that way. It seems like this whole Powell 25 basis points in September thing is a bat signal to shite's about to hit the fan. Hope I'm wrong as well.
Posted by Lsut81
Member since Jun 2005
82893 posts
Posted on 7/30/24 at 1:41 pm to
quote:

Starting to Feel like a Bubble


Why is that?

What data indicates it that hasn't been underlying for the past 2yrs and impending "recession"?

Posted by FizzyPop
350 posts
Member since Jun 2024
632 posts
Posted on 7/30/24 at 1:48 pm to
quote:

What data indicates it that hasn't been underlying for the past 2yrs


It has, that's the point of this thread. It feels like the can, or as you said underlying data, can no longer be kicked down the road. It's "bubbling" to the surface or at least that's the gut wrenching feeling I'm getting. Judging by others in this thread, I'm not alone.
Posted by Lsut81
Member since Jun 2005
82893 posts
Posted on 7/30/24 at 1:51 pm to
The reason I"m not in the finance world... I would have thought record CC debt and interest rates for houses over 7% would have been the death spiral, but nope.

But the new indicator is that Mcdonalds missed for first time in 4yrs.
Posted by oneg8rh8r
Port Ludlow, WA
Member since Dec 2003
2863 posts
Posted on 7/30/24 at 7:26 pm to
I moved out of EVERYTHING, all securities, yesterday. The only thing I kept where it was and adding to is my BTC.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15255 posts
Posted on 7/30/24 at 7:49 pm to
quote:

I moved out of EVERYTHING, all securities, yesterday. The only thing I kept where it was and adding to is my BTC.


Wow! Bold move there and the reasoning was your gut just told you ? We heard the same thing a few years ago as well.
Posted by AUCE05
Member since Dec 2009
43812 posts
Posted on 7/30/24 at 7:53 pm to
Good luck being broke
Posted by Big_Sur
Member since Nov 2012
1169 posts
Posted on 7/30/24 at 8:14 pm to
quote:

I moved out of EVERYTHING, all securities, yesterday. The only thing I kept where it was and adding to is my BTC.


You sir are the poor loser every investment book describes.

Panic selling everything except your BTC?
Posted by FizzyPop
350 posts
Member since Jun 2024
632 posts
Posted on 8/4/24 at 9:16 pm to
I received 17 downvotes to 0 upvotes for actually warning TD ahead of time that something did not feel right. Is this proof that many TD posters don't know shite?
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 8/4/24 at 9:18 pm to
Posted by cadillacattack
the ATL
Member since May 2020
7885 posts
Posted on 8/5/24 at 6:01 am to
quote:

I received 17 downvotes to 0 upvotes for actually warning TD ahead of time that something did not feel right. Is this proof that many TD posters don't know shite?


get in line …. tons of posters haven’t “felt right” about market conditions, and many have predicted a correction.
This post was edited on 8/5/24 at 6:11 am
Posted by oneg8rh8r
Port Ludlow, WA
Member since Dec 2003
2863 posts
Posted on 8/5/24 at 12:15 pm to
Experience: the shite you get when you get what you don't want.

Unfortunately, I earned mine a long time ago. And now you can buy at a heavy discount when you think the timing is right.

The other tidbit is don't try and catch a falling knife, that usually never works out well.

Posted by jcaz
Laffy
Member since Aug 2014
17724 posts
Posted on 8/5/24 at 12:25 pm to
Everyone thought the post-Covid boom was real. Idiots everywhere ignored the facts of basic economics.
Now we are picking back up where with we left off with 7% rates and 20-30% core inflation from 2019.
Posted by slackster
Houston
Member since Mar 2009
90087 posts
Posted on 8/5/24 at 12:33 pm to
quote:

received 17 downvotes to 0 upvotes for actually warning TD ahead of time that something did not feel right. Is this proof that many TD posters don't know shite?


Your guy feeling on the Yen carry trade blowing up should be taught in economics classes for the rest of time.
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