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John Dingle
Bloomberg Television
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Comments by "John Dingle" (@johndingle6293) on "Focus on the Fed" video.
This market just reeks of desperation.
6
"Look past the bear market". More im told to ignore bad news. More i think it's going to be really bad.
6
Germany had 0% gdp growth with 7% inflation. At 2% rates. You think cutting rates is going to save this economy? You would need ANOTHER covid lockdown and stimulus of $7 trillion. I'm freaking out about where the economy will be in a year, and you people are buying Aapl near covid highs. When we had 6% gdp growth. I don't get it.
4
You think wall street and government would be pumping markets so much with 0% gdp growth? And 5% inflation? If things weren't so dire? Fed and Wall Street is terrified. Volatility suppressed and inducing fomo for no reason. Besides trying to prevent a deep recession. As stagflation drags on.
4
You are wile E coyote. And you're just being told to not "look down". Few one time adjustments like depreciation schedule on servers and equipment and voila, mega cap tech beats lowered earnings. Billion in depreciation expenses saved. All the covid stimulus is no longer supporting consumption. But we still have sticky inflation. Added child tax credits, added snap, added unemployment benefits. All ended. School loan payments starts again for young adults. Yet we're told to "look past the bear market" by a smiling asset manager.
3
"Look past the bear market". What ludicrous coordinated manipulation of narratives to pump growth where there isn't any. Aapl last quarter was "china reopening". Now it's "Indian customers". Lol seriously. That's what Cramer is peddling. Bullish aapl because india has a billion people. Ok $220 aapl and 40 p/e it is.
1