WallStreetBets

Cancelthis · 2023-09-19T22:09:37+00:00

https://www.wsj.com/articles/junk-loans-shine-as-investors-pile-into-riskiest-parts-of-clos-11634163759

Cancelthis · 2023-09-19T22:06:08+00:00

https://www.bloomberg.com/news/articles/2023-09-19/clos-buy-junk-bonds-like-never-before-amid-collateral-shortage

crowszippo · 2021-09-04T12:48:19+00:00

a dark horse

JackDing · 2021-05-06T12:43:51+00:00

DOGE TO THE MOON

rubberbiscuit · 2021-03-18T13:25:50+00:00

I get this at work and thought I'd share. Easy to read analysis of the Fed's update (we are living in La La Land):

Just past 1:00 CDT today, the Federal Open Market Committee (the Fed) released a statement after the conclusion of its scheduled two-day meeting. I will cut to the quick: the Fed surprised no one by not doing anything, really. It reiterated its current monetary policy, and essentially vowed to keep the foot on the gas for as long as it deems economically necessary. If the committee members' 'dot plots' mean anything, it appears the Fed doesn't plan on making any substantive adjustments prior to the end of the calendar year, at the very least. As I type this today, the over/under, if you will, for the next rate hike would seem to be at the end of 2023...if that.

Let's just say the powers that be plan on keeping the proverbial punch bowl full of money for a while yet. That is all you really need to know for cocktail party conversation.

With that said, I personally found it surprising the Fed seemed so sanguine about recent increases in commodities' prices due to supply chain bottlenecks and a weaker US dollar. In fact, the only mention of inflation, of any kind, was the following: "Inflation continues to run below 2 percent." Hmm. I suppose inflation is where you want to look for it.

Regardless, there is an old expression in the investment industry: "don't fight the Fed." That basically means when the Fed is showering the markets with cash, you don't ask too many questions and grab as much as you can. Something about looking gift horses in the mouth and all of that. Conversely, when the Fed is taking liquidity out of the markets, don't stick your head in the sand. That is the power the central bank of the world's leading economy has.

In conclusion, accommodative monetary and fiscal policies should be good for near and mid-term economic activity. We can debate longer-term issues and inflationary pressures at a later date. Intuitively, 'we' will have to pay for all of this largesse at some point in the future (hopefully distant), and in some manner (hopefully as painless as is possible).

However, at present, I have a punch cup I need to fill. Would you like a glass?

ronlay · 2021-03-03T06:39:22+00:00

[deleted] · 2021-02-24T09:05:40+00:00

I’ll admit I’m a pussy. The max I invested in a stock was 50 shares. It was my first time. I was scared it was going to be dry, but god was it warm and wet.

This honestly isn’t stock advice, I just couldn’t help but notice silver and copper are flying. AMC is taking me to the moon, possibly Jupiter.. I don’t think it’s time to give up on the GME rocket ship, now may be a good time to board if you’re tired of Earth.. but then again I’m a retard, I honestly know nothing about stocks. I keep seeing Thor’s hammer though.

My nose 👃 also sniffed something out that I never knew about. Never conceived as a possibility.. It’s probably because I’m a retard, but I never knew you could legally invest in cocaine!! That’s right, you read correctly, there’s a company on the NYSE that sells cocaine!

What is done with this publicly traded company’s cocaine that’s trucked in by the tons to a lil plant in NJ, right outside of NYC? They sell it to Coke-a-Cola of course.

They extract the active ingredients from the raw plant and sell leftovers to Coke as ingredients. What happens to the leftover cocaine? They sell it to medical companies (and leave some in the break-room for their workers) as numbing agents.

How long have they been around? Since 1932 (long after the passing of the Harrison Narcotic’s Act).

Who are they? Stepan company - SCL. Does Cocaine ever slow down?

They do their best not to gain much publicity and have been trying to keep this trade secret a secret, for the last 50 years (P.S. - you can request samples on their website! ;) ). They've paid off media outlets and reporters for years to not become mainstream knowledge. And it worked. It is now time to buy more coke with my cocaine profits!

This isn’t stock advice of course, I admitted I was a retard and don’t know red from green. But I have to tell you guys - I like AMC, PLTR, AG, CPER, SCL, GME and CMPS - they’re nice looking rockets. Hold em on earth and don’t get scared, sell them when you get to the moon.

I apologize for being a retard, it’s my genetics. I have a lot of married first cousins in the family, even one brother and sister.