Wall Skreet

Nothing else new to report on the block, except more pain. Markets showed some resilience in Thursday’s trading day and decided to go more down (wrong direction). Peloton joined the pain party and hires McKinsey just to tell them their company is fucked. Netflix’s hayday is definitely over and the Fed has set the stage for an absolute abysmal near future for everyone.Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

Yuppie and BB talk the absolute decimation of their portfolios, the imminent rate hikes by the Fed and the guaranteed bloodbath that will ensue, and the predatory loaning that is BNPL. Also, will fake meat be the hot new thing in 10 years? BB thinks so. And lastly, RIP to the legend and everyone’s pops, Bob Saget. The world lost a beautiful human.Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

Happy new year to all the homies. We hope your 2021 was fantastic and that your 2022 is even better (doubtful). We’re ringing in the new year in an absolute bloodbath and a reminiscence of the greatest events of 2021. Geopolitical turmoil is very much relevant, Elon Musk defies the laws of just about everything, and Apple made history in surpassing a $3 Trillion valuation. Cheers to 2022, let’s do the damn thing.Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

In arguably the most philosophical discussion to date, the boys totally derailed on a discussion regarding the imminent ending to the most immaculate bull market in history, Reddit’s much too late rise to stardom, and why stuff doesn’t actually cost less nowadays (RIP Yuppie. Death via shelf). Buckle up people because you’re in for a treat. This is the product of two pseudo-intellectuals talking the future.Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

Yet another installment of the Wall Skreet Show where we are much too bearish. It’s honestly a gd shame, but you can blame the Federal Reserve for reversing course (obviously they needed to lol), and the American consumer who is terribly exhausted at this point. Consumer credit growth is going WAY down, and we are in for a rude awakening as an imminent supply shock and slowed spending will result in an (oddly enough) deflationary 2022. Also, in no shortage of events, the first Metaverse marriage apparently took place. I don’t want to live on this planet any more.Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

An absolute bloodbath in the markets brought on by the one and only Omnicorn variant is proving to be the Wall Skreet boys’ worst nightmare. As we had originally projected, retail sales during the black friday & cyber monday extravaganza were down despite there being a “booming recovery” taking place within the economy. We are taking on record amounts of debt and are quite literally levered to the gd teeth. What could possibly go wrong? If all else fails, long rare earth metals, baby.Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

Arguably the most tangential episode to date. Yuppie and BB linked up live in stunning fashion and recorded anything  but a worthwhile pod. Too many bourgons proved to be our downfall as we discussed consumer sentiment, Apple's newfound claim to fame, the USD garnering much strength, and our favorite fast food joint going public and not looking back.Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

With a huge CPI print on Wednesday and a 5th straight month of inflation over 5%, we are quite literally in for a world of higher prices. It’s hard to imagine that the liquidity hype train was going to reach its final destination, but it looks like that unfortunate circumstance is coming in short order. Elon Musk in stunning fashion might be calling the market top as he unloads a shit ton of Tesla shares at a moment when Tesla stock couldn’t be more ~overvalued~. That’s brilliant market insight that you simply cannot teach. This discussion also begs the question, is WeWork destined for success?Follow Them on SocialWall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

The FOMC comes out in stunning fashion and actually lays out a plan for their asset purchase reduction plan (so long, partner). It is truly devastating to think about a world where QE infinity doesn’t exist, and it looks like that world could come as soon as June 2022. This begs the question, will Summer 2022 officially be a sad boy summer? Also, we would be remiss not to talk about how Peleton gets absolutely upended after-hours after missing on revenue and new user subscriptions. Good riddance.Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

Zuckerberg pulls a 180 and decides to just change the name of the renowned Facebook, to Meta? In any case, Apple posts a surprising top and bottom line miss, we are still blaming the Q3 economic “growth” slowdown on Delta, and apparently we’re 3D printing homes now (we can print money, why can’t we just start printing homes anyways?). WELCOME TO THE METAVERSE BITCHES, we’re happy to have you.Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

With a plethora of headlines surfacing this week, the boys (i’m speaking of BB specifically) found a way to get so gd off piste in this week’s episode but we don’t care because we love it. The real estate situation in China only seems to be growing worse, as indexes here are posting ATH’s in stunning fashion. We are also back on our bullshit with the meme stock game still going absolutely brazy with Trump’s newly acquired social media platform just doing Trump things. Crocs are still very much alive unfortunately and Snapchat still exists.Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

This week Yuppie and BB talk about the shit show that is our overcrowded ports, and the plans set in action to (finally) try to burn down the shipping backlog that is extending tens of miles off our coasts. How will these supply chain bottlenecks impact Santa’s ability to deliver gifts this year? Time will only tell. Also, the Fed is set to take relatively drastic measures to counteract the rising inflation that we’re currently seeing. So much for ~transitory~. Oh, and listen to the new Majid Jordan album when it drops on October 22nd (not a paid ad, but we do accept venmo).Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

The boys come back in stunning full strength with arguably the most immaculate guest of all time. In stunning skreets fashion, Terrible drops a bunch of market insight, recaps his 2x ban from Twitch, and doesn’t hold back calling out the gd mf frauds of this world (you know who you are). COME VIBE WITH THE BOYS WE LIT.Follow Them on Social Terrible TraderTwitter: @terribletrader_ Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

The boys rendezvous back in the stu together after many weeks apart. We recap the shit storm in the markets and the potential decline in consumer sentiment that awaits us (painful for us to say, I know). Lordstown is apparently very much somewhat relevant as they struck a deal with Foxconn for production. China also continues to take L’s, amongst the great Nutmeg State. Congratulations, you played yourself (lots of taxes). LET’S GET AFTER IT.Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

Episode Description: The turntables and it’s ya boy Yuppie coming at you live while the usual Wall Skreet cohost lives it up in the DR. I hope BB is having plenty of pops and enjoying his well deserved time off. Enjoy a rant that encapsulates an ending to one of the most monumental summers ever, Summer Twenty Fun. Here Yuppie gets a little into the markets, while ultimately succumbing to his smooth brain and discussing any fleeting thought that came across his already vast mind. Enjoy.Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

BB is back in Solo Dolo Mode as Yuppie haggles with Tim Apple. Amazon is one-upping everyone by ramping up larger than anyone for this holiday season and beyond. Facebook suffers a huge FAIL and Robinhood is out here on its bullshit, enticing unknowing college students to enter the casino. Also, Elon Musk continues to shine as SpaceX flies its first ever all-civilian crew (nuts). And finally, we sincerely hope your Fantasy Football experience is going well, we know all too well the struggles that come with playing this game.Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

BB holds it down as Yuppie suffers the wrath of Apple’s money-grabbing ways. There is some bullish news out there (BB held his promise), as jobless claims reach pandemic lows. But let’s be real, the biggest news of the past week was the release of Certified Lover Boy, which has yet to live up to expectations. And Happy Football Season everyone. Go Pats.Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

At this rate we’ll never see interest rates above 0%, at least not in the Wall Skreet Boys’ lifetime. These mfs can’t find a gauge to what “maximum employment” looks like, and thought they didn’t have to think about this for a while, assuming inflation wouldn’t run absolutely nuclear lmao. OPEC gives a big ttyl to the U.S. and says no no no on increasing output substantially. Also big apologies to the audience for the somber takes on what should be nothing but exclusively perma bull takes. ON TO THE NEXT WEEK WITH MORE ATHs.Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

Cathie Wood tries the well-known but little-used pump and dump and pump again tactic and she praises Chinese stocks and raises hopes on their long term success. Best Buy and similar retailers are stocking TF up in preparation for the winter holidays, but will consumers have the money and intestinal fortitude to shell out even more cash than they already have this year? And for the love of Wall Skreet, can this market keep going up forever? Ya boys are becoming stinkin RICH. Stay classy Rhombuses! Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder

With the Fed’s updated outlook on monetary policy, equities, commodities, and yields have no idea to go left, right up, down, or in fucking circles. Just kidding, they were all down. Back to back prints of terrible retail sales numbers have people questioning the longevity of our “back and better” economy (meanwhile lines of credit are at historical highs...smh Yuppie). We have quite literally blown the roof off this bitch and now there is no more fuel for the fire. YUPPIE AND BB WANT SOME MORE.Follow Them on Social Wall SkreetInstagram: @wall_skreetTwitter: @wall_skreet Yuppie CapitalInstagram: @yuppiecapitalTwitter: @yuppiecapital Bullish BlinderInstagram: @bullish_blinderTwitter: @bullishblinder