News for hackers. Stuff that matters.

A comment on Evergrande teeters on edge of default as $148M payment falls due. Parent comment

Re:Evergrande teeters on edge of default as $148M payment fa... by baq on Wednesday November 10, 2021 @04:00PM (#29180713)
the fed are clowns. inflation data should have been priced in as anybody worth their salt (or indeed anybody doing any kind of shopping, which is everyone) knew that inflation would print above expectations, especially fed's. today's reaction was... panic of uninformed volume?
[ Parent | on HN ]
Re:Evergrande teeters on edge of default as $148M payment fa... by HFguy on Wednesday November 10, 2021 @04:49PM (#29181395)
It wasn’t priced in or the market would not have moved.

“everyone knew that Inflation would be above expectations” you should think about this more.

Regardless, why does any of this make the feds clowns?

[ Parent | on HN ]
Re:Evergrande teeters on edge of default as $148M payment fa... by baq on Thursday November 11, 2021 @05:25AM (#29186448)
Because I’ve been positioned in the market for inflation since February. If I could figure that out, what were they doing?
[ Parent | on HN ]
Re:Evergrande teeters on edge of default as $148M payment fa... by ethbr0 on Wednesday November 10, 2021 @04:41PM (#29181293)
The Fed never said they weren't expecting inflation: they said they expected any inflation to be transitory (e.g. to return to expected levels by the end of 2022/23).

So, we'll see.

[ Parent | on HN ]
Re:Evergrande teeters on edge of default as $148M payment fa... by anm89 on Wednesday November 10, 2021 @05:59PM (#29182146)
I would say that is still not a very credible claim.
[ Parent | on HN ]