Stocks & bonds sucking, maybe it’s a good time to start a new Hedgefundie-adventure?
Lol, how much is it down YTD? -60%?
Closing prices yesterday:
USD CHF 0.9948
EUR CHF 0.9912
We have almost reached financial singularity. When these prices both align at 1.0000, the world as we know it will cease to exist.
Why do you think so? Not a finance guy here but shouldn’t the value of a currency somehow reflect the economic power of a country or region? I guess that the world thinks that the EU economy is not as strong as it was and the risk of a default is slightly higher than before including the low yield rate and therefore we have an almost 1:1:1 relation between US:EU:CH if the EU starts to significantly races yields the Euro should go up again, right?
Sorry, that was a joke and an attempt to parody doom prophets. Keep your cash in the least devaluating currency CHF and that’s it.
So now the market decides on a whim to rise from the dead, just when we get paid out our salaries ![]()
Don’t worry, it will go down again once you have invested it. ![]()
On a more serious note: the rise so far isn’t that big, it is still a very great time to buy if we have reached a bottom. If we have not, it is not much of a worst time to buy than it was a few days ago, and looking forward 30 something years, it will probably have been a great time to buy too.
Wait for @Cortana to invest ![]()
Last time was in April 2022 for me. Don‘t know why the market is reacting that way.
it’s probably missing your input ![]()
aaahhhh I want to FIRE now!
Well, you’re welcome to the lottery.
One higly leveraged right bet on the right direction in these volatile times could get you there. Or take away your house, socks and underpants.
We have to choose our poison, I guess.
Yeah, I’m constantly tempted by this nowadays. But then I ask myself: Do I need to take such risks? Certainly not. I’ve got enough, and I’m not desperate.
However, entering a HFEA strategy now with 55/45 3x leveraged stocks / bonds might be an awesome ride
Or buying some spx calls just before CNBC’s headline says “Inflation’s dead, let the party start”
Likely, the party will start before any such headline shows up…
Agree, I stand corrected, actually, the party might be at its peak and about to end shortly when CNBC writes about it ![]()
The markets have been going up two weeks in a row, it’s almost November and there are talks about FOMO among retail investors. The party might have started 2 weeks ago.
Well, the party was damped today. Still lost 10% of my lottery money on the up spike right after the FOMC statement release despite being right on the direction. Live and learn.
A post was merged into an existing topic: Benchmarking the Market
I would like to take a moment to appreciate how masterful with speech JPow is: he has managed to sell the idea of the Fed reducing the size of its increases without the market taking that as a “pivot”, despite seemingly really wanting to take anything that passed by for it.
I find it also enlightening to remember that 1 year ago, inflation was still “transitory” and the Fed was purchasing bonds like there’s no tomorrow. We are living interesting times, indeed.
