r/WallStreetbetsELITE • u/kent6868 • 25d ago

MEME An interesting Tweet or Prediction from Aug 2024 Spoiler

Post image

What do you think?

7.5k Upvotes

98% Upvoted

39 comments sorted by

96

u/DelphiTsar 25d ago

Better thank whoever cooked the job report numbers. Saved him from a full crash last Friday. Next months are going to include all the federal layoffs they waited till right after the job report cutoff. Still probably going to cook those numbers too but it'll be harder and harder.

For this and various other reasons it'll be hard for them to keep it up. June 17, 2025

11

u/gretafour 25d ago

What happens June 17?

28

u/DelphiTsar 25d ago

You can't fudge federal numbers as easily as public numbers so those will be closer and it'll have some of the waves of layoffs showing up in the report. If they slow roll the public numbers to be .1% every new report it'll be around 4.5% mental threshold.

Inflation is ticking up and probably going to increase in speed. Tarrifs. This will put pressure on the FED not to drop interest rate too much to try to help the market.

Bump from companies buying up a bunch of supply to avoid tarrifs is going to be fully gone. Companies will start increasing prices(Those that haven't already).

Probably other things I'm forgetting. I actually thought it was going to be yesterday but that was working off the assumption they released the real job report numbers. Adjustment is the assumption they'll try to cook it as much as possible.

4

u/ENRONsOkayestAdvice 25d ago

Get ready for that 4.5% and higher. DC rumor mill has 500k to 1m laid off due to DoGE.

3

u/maywellbe 24d ago

And significantly less federal budget spending saved than if the Tesla just handed back the subsidies they get from the government.

5

u/bluesamcitizen2 25d ago

I vividly remember there are 5 Op pieces everyday on WSJ crying how Biden is ruining US economy and market. You don’t read those type of headlines now with this administration. The status of the market was painted with less whelming languages

2

u/SufficientDaikon3503 25d ago

Yeah that job report was so weird, mass firings and we somehow came out completely okay.

79

u/ayoungsapling 25d ago

Every accusation is a confession

17

u/kymbokbok 25d ago

I got confused for a moment there. I thought, wow what is this. He's admitting to these things now?? Epiphany, could it be??

Then it felt weird at the part where he blames bad leaders... "well, isn't he the president??" I thought he started pertaining to himself in the third person.

7

u/maraemerald2 25d ago

Who’s the second one though? Trump or Vance?

6

u/Fury-of-Stretch 25d ago

E-Man, we already know that the only way Vance is relevant is if Trump kicks it after one too many Big Macs.

5

u/Blueswift82 25d ago

Predicting the future as well as the Simpsons

10

u/SheBowser 25d ago

Again: it all started with Elon buying Twitter

3

u/mista_r0boto 25d ago

We all thought it was so funny back then. Who's laughing now? Nobody.

4

u/Icy_Mood_3639 25d ago

and they say time travel isn't a thing

5

u/No-Butterscotch-7577 24d ago

Wow, what a crazy prediction made by Vice President Trump!!

1

u/jnags6570 25d ago

He did say it as a statement not a question so that is a fair observation that this was his platform to run on

1

u/Eyjafjallajokull2 25d ago

Nostradamus!

1

u/TheUser_1 25d ago

Now it's starting to make sense

1

u/carsonthecarsinogen 25d ago

This tweet also called the bottom perfectly haha, still green even now from that point by ~400points

1

u/Moon_021 25d ago

Spoiler

1

u/buytosell69 25d ago

Prediction 💯

1

u/WinstonEagleson 25d ago

It was a prequel post to the latest administration, oops is that Donald Trump now

1

u/Particular-Summer424 25d ago

Yes, the leaders being him amd Musk.

1

u/_secret_life_of_gazz 25d ago

Like a lot of what Trump says, he was projecting behaviour he sees as it is the behaviour he associates with.

1

u/Old_Fan3448 25d ago

Only to be replaced by 2 more incompetent leaders and even more not good 🤦‍♂️

1

u/TuratskiForever 25d ago

He's talking about himself, and Vance.

1

u/Low_Answer_6210 25d ago

Can MSM please blast him more on the markets

1

u/Big-Battle-9740 25d ago

The guy is a visionary

1

u/1CaliCALI 25d ago

😆 

1

u/Doggoonewild 25d ago

It was just projection. Simple stuff. Warned my maga relatives… now I’m vacationing most of the year and they… aren’t.

0

u/wonderwoman-1947 25d ago

I hope you aren't calling musk as a leader?

-2

u/Barnaber 25d ago

Libtards thinking printing money is good and fighting proxy war is good for the world...