Is 50 bps rate cut bullish?

Yes I just long'd 50x

cheaper money, good for risk assets

its both bullish and bearish depending on what you want to happen

because fed knows that economy is shite

Really good if you own a home. I own four homes and I believe they will rise at least 20% in the next year if mortgages get cheap again.

Unfortunately, many biztards are completely priced out forever.

ETH is the bottom bitch of crypto despite solid fundamentals. When it pumps that's just it power-bottoming

The cheaper it is to borrow money the more money corporations and people will borrow.
Borrowing more money can be interchanged with spending more money.
Spending more money is good for economy, job creation, all that stuff which is good for markets because they going to price in more revenue going into companies.
Additionally , a 50 basis point cut where market was pricing in 25 signals fed wants to get back to cheap money ASAP.

hey dumbass: they wouldn't be lowering the rates if they thought the housing market was okay

Housing is still great as a store of value because Blackrock will buy it if nobody else will. Housing will crash when the whole market crashes but not before.

Kek

Dumb fucking chud. There's literally no way housing prices can go down with rates going down.

called it

Maybe try to learn some basic economic before coming to my board

rates going down is basically the fed BEGGING people to buy houses, because they know a crash is imminent. problem is, a 0.50 rate cut doesn't translate to much more affordability at all. rates need to go far lower if they expect more buyers. i predict that will happen, and in the meantime prices will collapse

its more about the banks than the housing market. the banks are technically all insolvent right now. kikes just keep lying about it while screeching for rate cuts because they want the banks to refinance at the lower rates so you the taxpayer picks up the losses. this is basically a 2008 bailout all over again for the megakikes

Maybe learn to be less bitter

oh it's everything. this is the everything bubble. it has been foretold, buddy

The last time they did a 0.50 cut was was September 2007 and January 2001

Markets both times never pumped again

You are a stupid idiot moron the housing prices will not go down so just shut the hell up and get off my board

yeah you sound really intelligent. are you a bot or is this a case of ESL

Rates are going down because despite all the "le independent private cumpany" memes about the fed, they can and do face massive political pressure from the incumbent administration to fluff up the economy ahead of elections. Hence also the talk about inflation being down to 2.5%. Also servicing the US federal debt is crazy right now with $1 trillion being paid just in bond yields annually.

no way is housing going to correct. Its going go even higher. Housing market to the moon anon. No i'm not a bot.

Do you know what happens when you're zipping along on the freeway and you overcorrect? Can you think of times when you have made that mistake and what might have led up to that? Fucking kek.

yid curve uninverts

rape cut

Well here it fucking comes. It was nice knowing you fellers. Hope I can sell this short pump and get some powder for the long bear ahead.

They are importing MILLIONS of people people and will increase it as much as is required to keep house prices up, housing will never go down in your lifetime

See

Lmao that's probably true. I was expecting more of a sell in May scenario but the elections seem to have turned it into more of a sell the Santa rally situation

that'll help support certain markets. definitely not the vast majority of the country.

yeah but those millions of people arent paying for the houses. they are all impoverished 3rd worlders. we the taxpayers are.

also this, it's not sustainable lol
just look at aurora colorado
it creates chaos that devalues surrounding properties

I'm escaping the markets into the safest assets possible as we speak but it's not because of this particular rate cope. The fundamentals of the entire western economy are doing badly right now, EU is fucked and US is papering over the cracks ever since the coof hit.
After the election results drop is the perfect time to let it all come crashing down as either it can crash on Trump and make sure that no Republican is ever elected again or Kamala has her ass firmly enough in the seat that she can use the next 4 years to smooth things over.

the 50 pt rate cut is BECAUSE of the fundamentals.

They don't need to "pay for the houses", corporations are buying the houses, the 3rd worlders are just renters paying the mortgage and will gladly pay 80% of their income on rent to have live here

This is the only right answer

They've been bad for a decade, they can be bad for a decade more. Macro can really fuck people, I'm not making any sudden moves. I'll sell maybe 10% of my stack before EOY. Don't underestimate America's ability to outsource economic crisisises to the colonies where nobody gives a fuck about them

so they're gonna demolish all the housing in america and replace it with massive apartment buildings for people to live in cots? cool story bro

?? Are you retarded?

Sure. But not because the fundamentals are good. Powell was jacking up rates because he knew the money printer going BRRRR so hard can overheat the economy and cause runaway inflation. But that put the squeeze on the federal government being able to issue bonds and that hurts just as much.
Right now the rate is all about threading the needle and trying to not get fucked by one problem or the other.
Good point about shoving the pain onto the Europoors, I just feel like there's less and less room to maneuver ever since the covid mess. It's scary that we might Spanish Empire this shit.

america is increasingly overburdened with international fires to put out

I just feel like there's less and less room to maneuver ever since the covid mess.

yes, this is the issue
it's like a game of chess and the king is running out of escape squares

Those international fires were all caused by foreign adventurism in the pursuit of cheap oil. If the US pulls back from world policeman then that won't solve the problem either since that will see oil and other costs rise as simultaneously middle east oil can demand higher prices without downward pressure from Venezuelan, Iraqi, Syrian, Russian and Iranian oil all being sold at a discount and with trade routes being riskier= more expensive to ship across.
When you have to pay $8 a gallon because oil is $200-$300 then things will fall apart just the same.

they arent paying the rent is my point. you are paying the rent. assuming you are a taxpaying cuck. one of the many reasons why i stopped paying taxes 4 years ago.

If you are spending any money at all you are paying taxes, even your internet connection bill is mostly hidden taxes. Yes you are paying and you will keep paying.

Let's put this like this, last time 50 BPS occurred was right before the great recession of 2008, take it as you will Mumubros. There's a chance it could be the great and mighty bullrun of crypto, it's also equally likely things just shit themselves to death. Either way the stock market is totally fucked and Anon Babble has free reign to short that shit to the moon.

They've made it abundantly clear that the stock market is not allowed to crash ever again.

This. Stock market will never crash again. Housing market too. Everything will go to the moon.

You can literally see the stock market dying in real time from this announcement though, no matter how hard they artifically pump shit things will still dumpster. They tried that shit in 2008 and failed hilariously and it will happen again.

Shutup faggot

It will get revised down long after you've lost your money

Institutional buying of single family is down last I heard

no way

That's literally what happened last major recession goober

All three indices are barely up on the day...just like other boring plot filler day. You had an actual reason for a complete meltdown in 2020 with business activity grinding to a halt, and that fully rebounded in less than two months. They're not going to let some pesky reason like "no citizens can afford a house" or "unemployment among men is 99%" get in their way now.

they can just magically stop people from selling

If it's down it's because they already own everything they possibly can. House prices crashed in 2008 because all those people got evicted for not paying their mortgage. How are you going to evict BlackRock when they control trillions of dollars of retirement funds?

I know some GME shareholders who got stranded on the Moon who would love to speak with you.

You had an actual reason for a complete meltdown in 2020 with business activity grinding to a halt, and that fully rebounded in less than two months.

You mean when they flooded the economy with helicopter money, created the special purpose vehicle and reduced reserve requirements to 0?

Not even close to being sustainable and you know it. Who's paying for all these homes? Poor third worlders? Give me a break.

Exactly, the stock market is not allowed to crash.

No.

blackrock

That's not the right company
Entirely different scenario than all kinds of entities dumping their whole portfolio. And people who had GME were never prevented from selling from what I recallz they just couldn't buy more
Things like the spv require exigent circumstances and there's not going to be covid tier stimulus without a pandemic tier happening

Heck yes, listen to Jerome. Economy strong, unemployment numbers perfect, inflation btfo'd. We are sooooooo chilling. Nothing to see here. See you on the moon, buddy.

it’s different this time.

The regime losing their grip on power would be an exigent circumstance.

That's not going to come from a market crash

No but it might cause one.