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Before and After. How could they have been so wrong? How much money was lost cumulatively from their bad financial information?
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Even the pros spend too much time here and the stoopid is contagious 
Blackrock and other big money are trying to manipulate the market by flooding every network with these articles and statements making vague implications of a massive turnaround annnny minute now.
Shits absolutely fucked if you just watch the numbers instead of listening to jackass suits who have everything to lose if the market goes against them (and it is)
You’ll learn more from pondering a slightly different question: “how much money was made by Blackrock selling to rubes who took this at face value?”
Classic pump and dump scam to steal from retailers
Blind leading the blind. Relates to this old Indian Chief joke.
It was autumn, and members of a remote Indian tribe asked their new Chief if the coming winter was going to be cold or mild. Since he was a new Chief in a modern society and had never been taught the old secrets of Nature, he looked up at the sky and had no clue what to do. To play it safe, he replied to his tribe that the winter could definitely be cold and that they should collect firewood early, just to be prepared. So, the members began gathering wood. Being a practical leader, he figured he should also use the resources available to the modern society. He went to the phone booth, called the National Weather Service and asked, “Will this winter be cold?” “As of now, it looks like this winter is going to be quite cold,” the forecaster said. So the Chief went back to his tribe and told them to collect even more wood. A week later he called the National Weather Service again and asked for an update. “Yes,” the man at National Weather Service again replied, “based on incoming data, this winter is looking to be colder than we expected.” The Chief was surprised, but again went back to his tribe, told them that this might be a very cold winter, and asked them to collect every scrap of wood they could find. One week later, the Chief called the National Weather Service yet again, hoping for a new answer. “Are you absolutely sure that the winter is going to be very cold?” “Positive,” the man replied. “It’s going to be one of the coldest winters ever.” “Really?” the shocked Chief exclaimed. “How can you be so sure?” “First,” the forecaster replied, “The Indians are collecting firewood like crazy.”
No worries… it is transitory….
Goddamm I came so hard when Jpow said he’s cummitted to bring inflation down to 2%
They are milking retail for premium on options.
Now guess, why we are called “dumb” money.
Charlie Gasbag at it again! Who knew…
*This isn’t even my final form!*
-~~Frieza~~ J. POW
I love this guy why even be Bullish in this market.
It kinda felt like the start of pivot language while making sure equity markets stay subdued so as to not cause another inflationary problem.
there’s sign of disagreement among Fed chairs: the FOMC has signs of dovishness, but JPow came out guns ablazing. Didn’t even shy from throwing the “R” word around. He clearly does not want to stop raising rates, but there are some regional Feds who do want to wait, if not stop altogether.
Either way, make money all the way up and down.
It is what it is. Let’s get inflation checked. Hopefully it won’t take a decade to achieve
I think he is going to slow the rate hikes but he is refusing to say anything like that because he doesn’t want the market to rally. When there was a rally over the summer he would talk about being frustrated by it.
JPow just reminding everyone, including BlackRock, that they are holding his bags from 2021.
it was good financial information *for them*
bait and switch, they obviously bet against this tip
If it was insider info then Jpow needed to go the other way. Fed already has terrible credibility and insider leaks would be the final nail.
Was I the only one thinking blackrock was smoking rock when that statement was made
Had to be a pump and dump move
None of their $ was lost. They were telling you one thing and doing the opposite
Market manipulation is ok if we can convince you to buy our bags.
They made a large fortune selling calls and shares to dumb retail investors in a huge move down.
They put that information out to sell into the dummies who listen
Black rock ass gaped is all. Who would have thought you couldn’t trust blackrock?
They werent wrong,You see the first example is a PR piece designed to get you to buy their bags, and dumb mothafuckas treat the name blackrock like gold, so now they see those bags as some kinda high end luggage investment, and blackrock ends up fine. And then the second one is what actually happened.
Your first mistake was listening to something Blackrock said like its the truth…
Really should be illegal for these highly regarded bank/hedge fund institutions to be making ANY predictions. There’s no fukking way these idiots are trying to help out retail, so why even make financial predictions like these legal?
The only people giving financial advice/predictions should be your financial advisor/s, if you pay for such a service. These “public” predictions and analysts should be barred from making any sort of statement.
Imagine if Blackcock secretly bought a bunch of puts after that statement they put out for the gullible retail to bag hold onto. Totally wouldn’t surprise me one bit if they did just that. Again, how is this shit legal?
Don’t daytrade the Fed announcements. If you locked in losses it’s your own fault.
Not their money
That’s the point right now lol.
Simple, they’re loaded up on shorts.
Charles Fuckhead Gasbag
These articles are pretty useless without consensus. One “economist” at Blackrock hardly matters, and even a couple could be “economists”. It could be a fucking intern and the single crackpot that can’t be fired.
We should be in the 320s 330s if it wasn’t for the bogus WSJ pivot nonsense
Isn’t it not a loss, but rather a money transfer? Doesn’t someone always profit, somewhere?
I was fortunate and had puts that basically hedged my standard positions. I’ll probably be green AM thanks to Roku. Love it!