Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[Iain]

Where is that damn hook they use in the cartoons to pull someone off stage?

Why is this guy even chair of the Fed? He's a lawyer, not an economist.

5 Things About Jerome Powell, Chair of the U.S. Federal Reserve

Taking on the role of Federal Reserve chair in 2018 gave Jerome Powell both formal and informal power over the U.S. economy. Learn more about "JPow."

www.pbs.org

The market goes up between questions

 

[Singuy]

So basically he said 3 rates this year since he said it was communicated as such

I disagree. To rule out increases in consecutive meetings implies decisions have been made for the entirety of 2022. That's simply never going to get a yes answer. That answer is neutral, a yes would have been a wildly dovish shift.

We are all good folks, relax! Jerome said exactly what we needed to hear.

He also said we are having pretty much 3 rate hikes since it was communicated to the markets and that is their expectation.

 

[henchman24]

I disagree. To rule out increases in consecutive meetings implies decisions have been made for the entirety of 2022. That's simply never going to get a yes answer. That answer is neutral, a yes would have been a wildly dovish shift.

We are all good folks, relax! Jerome said exactly what we needed to hear.

They've guided 3 increases and his answer opened up the possibility to 7. We all know it won't happen and he's simply not letting the Fed getting backed into the corner. It doesn't change the increase guidance right now, but they are clearly open to more than 3 that has been priced in.

I have zero worries long-term on this, but the statements being made right now are not going to help the speculation on treasuries.

 

[M|S|M MYP]

I wish someone would ask the following question "Why do you think @POTUS does not recognize Tesla as the leader in American made EV's?"

 

[TheTalkingMule]

He also said we are having pretty much 3 rate hikes since it was communicated to the markets and that is their expectation.

He's a lawyer. There's no scenario where he directly "rules out" almost anything for all of 2022.

 

[bkp_duke]

If this dip*sugar* messes up things for a TSLA jump after hours b/c he tanks macros . . . I'm going to be beyond pissed.

EDIT - looks like hedgies are using this to push down TSLA hard. And NASDAQ is turning red after a fantastic day. . .

 

[Big Time]

If the NASDAQ can stay go green, hopefully TSLA can take us up as a whole AH. Slow recovery is fine by me. Fingers crossed

 

[TheTalkingMule]

They've guided 3 increases and his answer opened up the possibility to 7. We all know it won't happen and he's simply not letting the Fed getting backed into the corner. It doesn't change the increase guidance right now, but they are clearly open to more than 3 that has been priced in.

I have zero worries long-term on this, but the statements being made right now are not going to help the speculation on treasuries.

In lawyer talk the possibility of 7 raises was always open, they were guiding for 3. And they reinforced that today. It's wonderful news. People(and markets) are just on edge.

 

[thesmokingman]

He's so out of touch... /smh

 

[M|S|M MYP]

Can someone hit the "End meeting now" button on the zoom call please???

 

[tivoboy]

Here are the only sentences you need to know and the algos and market participants will be keying in on.

“Quite a bit of room to raise interest rates without impacting the labor markets”
”my strong sense is we can move rates up without undermining it (the labor market)”
”highest level of employement that is consistent with price stability”.
“That is my PERSONAL view”
”very broad support on the committee for the judgement that it will SOON be appropriate to raise the target range for the federal funds rate”

So, IMHO this is not a pull back from earlier statements or more dovish policy positions but rather, yes, we know we need to pull back on accommodations and start back with fed funds policy increases - now its just a question of when.

IMHO baring some global conflict towards the end of February, (I put the odds of that now BELOW 50%.) they will make a 25 bps move at the March Meeting.. Lots of volatility between now and then as companies valuations are re-rated, and large portfolios are rebalanced.

 

[Tyler34]

OMG shut up. This is painful to listen to

 

[Unpilot]

Man I am getting dizzy

 

[henchman24]

In lawyer talk the possibility of 7 raises was always open, they were guiding for 3. And they reinforced that today. It's wonderful news. People(and markets) are just on edge.

Agree that they are on edge, but this is simply a hawkish speech and the market is responding to that. There are already cracks in the 3 guidance, this is expanding those... so speculation on 4 or 5 is going to run wild for the next two months.

 

[Big Time]

He keeps saying "Ill leave it at that" than proceeds to deep dive into a dark pit of uncertanty

 

[Krugerrand]

If this dip*sugar* messes up things for a TSLA jump after hours b/c he tanks macros . . . I'm going to be beyond pissed.

EDIT - looks like hedgies are using this to push down TSLA hard. And NASDAQ is turning red after a fantastic day. . .

So, umm…can I interest you in a Zoloft?

 

[MP3Mike]

Well the gap created by the opening this morning has been filled.

 

[bkp_duke]

So, umm…can I interest you in a Zoloft?

It would take a truckload right now. Is that what your mountain is made of?

 

[M|S|M MYP]

Man...this dude is such a downer...

 

[thesmokingman]

He keeps saying "Ill leave it at that" than proceeds to deep dive into a dark pit of uncertanty

And the market reflects this *sugar*. Was up +5% now wiped out and heading down hard.