Our Reddit Community is growing and we'd love for you to join the conversation!
We post daily discussions and polls about #stocks, #crypto, and the market to help inform your #Trading
https://t.co/DZg5kEUcHm
#stockstobuy#NFTCommuntiy#Cryptocurency
Billionaire investor Stanley Druckenmiller says “We’re gonna have a hard landing and a bad recession in the U.S… sometime later this year."
Are we headed for a recession?
Nobel economist Paul Krugman takes jab at Elon Musk & says dollar dominance isn't worth much to America. He added that “it isn't worth more to America than" "a fraction of 1% of its GDP."
Thoughts?
Cathie Wood says "we've started in the early stages of a credit crunch that is going to be much more serious than I think most are expecting.”
Do you agree?
IBM $IBM to freeze hiring as CEO expects AI to replace 7,800 jobs. CEO Arvind Krishna says 30% of non-customer-facing roles could be axed in the next 5 years.
Can AI replace your job?
Apple $AAPL rose 2.7% in premarket trading after beating quarterly earnings & revenue estimates. $AAPL did, however, post its 2nd consecutive quarter of declining revenue for only the 3rd time in the past decade.
How do you think $AAPL will close the week?
$IEP is up 14% after Carl Icahn responded to Hindenburg's short report saying reassuring investors that “the market disruption caused by the self-serving Hindenburg report does not affect IEP's liquidity."
Do you think Hindenburg’s short report is valid?
Ex-OpenSea manager convicted in #NFT insider trading case. He was convicted on Wednesday of fraud and money laundering for using inside knowledge of which assets would be featured on its home page to trade NFTs.
US Presidential Candidate, Robert F. Kennedy Jr. will speak at the Bitcoin Miami conference 2023. A few weeks ago he said that #Bitcoin Provides An ‘Escape Route’ From Financial Turmoil.
Time for a Bitcoin maximalist in the white house?
The Fed repeats that US banking system is sound and resilient. Fed chair Powell added that JPMorgan $JPM buying First Republic bank $FRC was a “good outcome.”
Activist investor Carl Icahn's wealth plunged by $10 billion after a short-seller accused his company Icahn enterprises $IEP of running a 'Ponzi-like' structure.
Thoughts?
‘Bond king’ Jeff Gundlach says ‘recession odds are pretty darn high right now.” after the Fed's decision to boost its benchmark rate by a quarter-point and hint at a pause in its tightening cycle.
Are we headed for a recession?
Democrat Lois Frankel dumped First Republic Bank $FRC stock prior to its collapse and purchased JPMorgan $JPM stock before JPMorgan purchased First Republic.
Should congress member be allowed to trade on privileged information?
Morgan Stanley's Mike Wilson say that the stock market is poised for a sell-off as investors put too much hope in the Fed cutting interest rates.
Will the Fed hike, cut or hold interest rates today?
Sen. Bernie Sanders says that all earnings above $1 billion in the U.S. should be confiscated by the government. 'People can make it on $999 million.'
Do you agree with Bernie Sanders?
Fundstrat's Tom Lee says stocks are facing a pivotal moment this week as the Fed could deliver the last rate hike of its tightening cycle – a move that could cause the S&P 500 to retest its all-time-high from early 2022.
Thoughts?
AOC, Matt Gaetz team up to push bill banning Congress members from from owning and trading individual stock, a proposal aimed at restoring public trust by preventing lawmakers from profiting off insider information.
Will the bill pass this time?
Elon Musk says ‘The Fed is making decisions using stale data.
This is like driving a car while looking out the rear window – fine when the road is straight, but destined to crash when road is winding.’
Do you agree?