BarleyPop

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And here I am wondering why the hell you would need any type of validation from this board or give a single frick about a downvote

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You bring up a really good point being why am I here. And you can see me contemplating that in post 3 in this thread.

Its like Warren Buffett walking out onto the sidewalk to give free financial advice only to have homeless people throw rocks at him. He would conclude that he'd clearly come to the wrong place and get the hell out of there.

Tigerdroppings was alot better in years passed when I was blacked out drunk arguing about football. But starting this thread to tell everybody what was going to happen and how, which could be wildly profitable knowledge for anyone who sees it, and of absolutely no benefit to me as its everything I already know, only to have a bunch of less fortunates heckle me...man please. F all this.

I'm actually battling anonymous downvoters as we speak in another thread. Turns out I'm quite unpopular. :)

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Looking at the quotes coming back, I noticed that the "Dwelling" coverage is over the cost of my house and land by 15-20%

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Our "dwelling coverage" was double the value of the house and entire property. We left one company over their explanation for it.

The truth as best as I can hash it out amongst ALL THE BS, is you live in a high risk location and you are actually being charged for risk. I guess they justify the higher premium through significantly overdoing the dwelling coverage, when they should just be able to say "its risky to cover you and heres our price."

I guess I'm just speaking for myself at this point. I'm almost out of open positions and was hoping for a nice run in the opposite direction to get reinvested. But that didn't materialize today and looks like it'll take some scary data to get things moving the other way. Maybe a big NFP # Friday, but that probably isn't happening either. :/

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Oh well

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Yeah. This is going to make for some tough sledding moving forward. Not only did they do 25, but he seemed pretty bearish at the presser too.

I dont want to start chasing profits, but it looks like we will have to make a decision to enter at uncomfortable levels or just sit out.

Oh dam. ISM and JOLTS numbers very hawkish for fed.

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"Higher for longer" "no cuts in 2023"

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There is a VERY easy way to pause rate hikes AND bring down stock markets. I haven't seen it mentioned anywhere, by anyone, so maybe I'm missing something but....

Average.
Inflation.
Targeting.

If Powell was to come out and say that they would allow a period of below 2% inflation to get back to a 2% average after years of high inflation, then markets would drop to levels we all deem as appropriate and they could go ahead and pause.

I dont know why thats not the plan and/or why they haven't mentioned it.

I would be in jail too. 4 different burglars in your front yard because something isnt nailed down or chained up? You couldn't even sleep at night in those conditions.

I would be shocked if they went 50 and you could count on stock markets shitting the bed if they did. Im as close to a crystal ball as you are gonna get in Money Talk so go ahead and bank on the scenario I laid out up top. 50 would be phenomenal for me to reload USD shorts, but its gonna be .25 and then another .25 next meeting.

If I'm wrong and they go 50, holy shite at the drop you'll get in stocks and the instant jump in the dollar.

Well this is starting out as a good thread to leave on.

Sent to both