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43 sats \ 6 replies \ @SpaceHodler 5 Aug \ on: Japan stocks plunge 7% econ
My stock portfolio has dropped 39% in the past couple of weeks and I'm like "whatever".
7% doesn't sound like much, but I know that in certain contexts it is.
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47 sats \ 5 replies \ @siggy47 OP 5 Aug
7% is a normal Monday for bitcoiners. Not for the fiat world
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43 sats \ 4 replies \ @TomK 5 Aug
But the illiquidity of the system is frightening
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47 sats \ 3 replies \ @siggy47 OP 5 Aug
Yes it is. How do you think this will play out?
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90 sats \ 1 reply \ @SpaceHodler 5 Aug
Possibly an intermeeting Fed rate cut this week?
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10 sats \ 0 replies \ @siggy47 OP 5 Aug
That's what Jeremy Siegel just called for on CNBC
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43 sats \ 0 replies \ @TomK 5 Aug
I really don't see a panic based rate cut coming as they have other facilities in place to inject liquidity. But who knows? CB politics are a black box now
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