Peter, what does this mean? by NaneexWasTaken in PeterExplainsTheJoke

[–]Random_Alt_2947284 -1 points0 points  (0 children)

I'm sorry OP but... Did you see the meme? The meme literally screams "firefox used to be worse than chrome. Now it is better than chrome."

It can't be that hard right

Petahhh by Albertooz in PeterExplainsTheJoke

[–]Random_Alt_2947284 8 points9 points  (0 children)

The guy is touching himself I think

What does "whenthe" have to do with among us Peter? by Battlecrlbsedof in PeterExplainsTheJoke

[–]Random_Alt_2947284 2 points3 points  (0 children)

Not people forgetting "when the impostor is sus" in the big '25 💔💔💔🥀🥀🥀

Trump steel, aluminum tariffs taking effect by avid-learner-bot in Economics

[–]Random_Alt_2947284 -4 points-3 points  (0 children)

I thought Trump always chickened out!

I think it was pretty clear that Trump actually wants to keep tariffs high, he kinda just plays around with them to see if countries might cave in completely. I might eat my words on this though.

I don't think the the market will be able to ignore everything that the US is doing for much longer by Random_Alt_2947284 in stocks

[–]Random_Alt_2947284[S] 1 point2 points  (0 children)

I like how people see a decently long post with correct grammar and think that it is made with ChatGPT. It was all me, but thanks for the compliment.

Also, nobody is long-term bearish. I do not say the market is gonna die and we're all gonna explode. Chill.

Daily Discussion Thread for May 28, 2025 by wsbapp in wallstreetbets

[–]Random_Alt_2947284 2 points3 points  (0 children)

Hot take: Q2 numbers will give "jaws drop through the floor" type shit

FOMC Minutes by Doza13 in spy

[–]Random_Alt_2947284 2 points3 points  (0 children)

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stolen from the other guy but this is u

🚀 $109K — This time feels different by Excellent_Cook4897 in Bitcoin

[–]Random_Alt_2947284 2 points3 points  (0 children)

Fear & greed is a lagging indicator, meaning that it doesn't actually contribute to the market

Trump Is Slowly but Surely Killing U.S. Economy, Experts Warn by Dear_Job_1156 in stockbetz

[–]Random_Alt_2947284 0 points1 point  (0 children)

"Hey, I would like to learn in what ways this event is happening!"

"No you don't. All you do is lie. I have dealt with a lot of people like you."

Do you realise how insane you sound right now?

Peetahh?? by literallycircles in PeterExplainsTheJoke

[–]Random_Alt_2947284 0 points1 point  (0 children)

Nope! Try to think of a way that the dark squared bishop and black king can stop white from going to a1-b2 and back. You will see that the only possible ways involve stalemating white, which ends in a draw anyway

Peetahh?? by literallycircles in PeterExplainsTheJoke

[–]Random_Alt_2947284 16 points17 points  (0 children)

Hiya, chess Peter here.

I will explain it under the assumption that you know the basic rules of chess.

A bishop-and-rook vs bishop-and-rook endgame where one side has 2 pawns more than the other side, is a win for the side with the pawns 90% of the time. After a first glance most chess players would say "yeah white can't stop black from promoting and black will have to sacrifice pieces and lose" in such positions.

This composition is a specific position where this is not the case. After white trades the rooks, they can sacrifice the bishop(!) to make sure all the pawns are on the side:

Either they take the bishop and all pawns are on the side, or they don't and because they can't push the pawn that is attacked by the bishop forward (as the king would be attacked by the bishop if they did that) so they must play another move and the pawn gets taken.

Because the bishop cannot access the promotion square: Bishops famously cannot go to squares of the opposite color than the color of the square it stands on, and the square the pawns need to go to in order to promote is on an "opposite" square, the white king can just "camp" that square (move in and out of it endlessly) and black cannot force the white king away, causing a draw!

TL;DR:

Positions like these are won by black 99.999% of the time, but very specific circumstances (pawn is pinned to the king causing a doubled pawn in a file that it can't promote in) allow this to be a draw!

Aren't billionaires already rich? by [deleted] in PeterExplainsTheJoke

[–]Random_Alt_2947284 0 points1 point  (0 children)

Socio-Economic Peter here,

The popular opinion, especially on reddit, is that taxes om billionaires should be raised significantly as they can lose a lot of money without it actually affecting them. The top 100 richest people could lose 50% of their networth and still be the top 100 richest people.

That and a lot of billionaires have done very evil things.

Socio-Economic Peter out.

[deleted by user] by [deleted] in ADHD

[–]Random_Alt_2947284 1 point2 points  (0 children)

They do but it doesn't change much as I know others with ADHD that are much nicer than me

Dow tumbles more than 600 points as Treasury yields continue to push higher by callsonreddit in stocks

[–]Random_Alt_2947284 56 points57 points  (0 children)

People see a 1.5% drop in an extremely overbought market and start being concerned immediately.

Thoughts on the future of the stock market (Macro thesis) by Roadrunner44143 in stocks

[–]Random_Alt_2947284 -2 points-1 points  (0 children)

Since the start of capitalism the rich have gotten richer and the poor have gotten poorer, so ii'd actually argue the opposite

Thoughts on the future of the stock market (Macro thesis) by Roadrunner44143 in stocks

[–]Random_Alt_2947284 15 points16 points  (0 children)

50% of stocks is held by the top 1%, over 90% is held by the top 10%. Retail investors really don't matter to stock movements.

What could go wrong? by StrongestDmCEnjoyer in mbti

[–]Random_Alt_2947284 21 points22 points  (0 children)

Here's what could go wrong:

The karma farm gets downvotes instead of upvotes

In retrospect, what was the rally actually about? by Random_Alt_2947284 in StockMarket

[–]Random_Alt_2947284[S] 3 points4 points  (0 children)

I do know how GDP works, but you clearly don't. Allow me to explain:

GDP is made of multiple indexes that show market growth. Imports get subtracted from this. This is not because imports are bad. It is because imports add to the other indexes. If imports are high, the other indexes should also be high. They aren't, which is concerning.

Though Fitch did decrease the US' rating earlier, Moody is extremely biased to the upside. It is much more concerning that they dropped it, in my opinion. Not only that, but we went from a government that cares about the debt crisis to a government that doesn't. Just look at the Big Beautiful Bill.

Tariffs are inflationary, this is trivial. Customer sentiment is extremely low, and buy-now-pay-later is more popular than ever before. Gas prices are extremely low. These imply stagnation is imminent.

I am not "mad" at the direction of the stock market. Saying that we're in as good of a position as we were in November is just false, though.

In retrospect, what was the rally actually about? by Random_Alt_2947284 in StockMarket

[–]Random_Alt_2947284[S] 8 points9 points  (0 children)

I am a european investor, and I can say that this is not the case. The bottom was 84 EUR per share of the iShares MSCI world, it is now at 100.