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John Dingle
Bloomberg Television
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Comments by "John Dingle" (@johndingle6293) on "Summers Says Politically Pressuring Fed a 'Fool's Game'" video.
60% of options being played have less than 3 days expiration. Bunch of gamblers gaming the system. This isn't investing. It's siphoning. Unproductive.
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What a disgustingly managed sham of a market. Intel up 10%? Today?
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Fed is doing 2 month tightening and market eases for 2 months. We're not fighting inflation. Just pulling rates higher. As current rates aren't even restrictive to economy, besides for home flippers.
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We ensured hikes into next year. By easing ourselves prematurely for democrats election chances. Also bailed out some very poorly managed funds. Short term gains for some, long term pain for others. Today's capitalism.
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Slowing economy with rising inflation is better than a bottoming economy with growth potential? You people are selfish. Politically and economically. You can't make the hard decisions. Therefore we stagnate for years...
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8.3% cpi. 8.5% next wouldn't surprise me. Then 9%. Then market panics.
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Look at jnk, 2 months of down, 2 months of up, 2 months of down, 2 months of up. Now we're just lower but no end in sight for inflation.
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