u/Blankedoutz

We finally getting 5.6 everywhere ladies and gents

How we looking at the automobile market after this ?

For those that were talking smack about the so called Korean market "Bloodbath". Point is, the broadcom earnings weren't upto expectations + iran war going haywire + rate hike probability spiked to 73% (as shown my bloomberg terminal so far) -> caused most of the so called bloodbath. People still believe in AI , semis, and hyper scaling infrastructure. One thing we should be looking at is Spacex IPO tmr and openai and anthropic also filed for ipo's. that's gonna be around 3+ trillion USD of liquidity added to the market.

The problem with SK stocks so far is that they have performed great and almost too great. The market has already priced in alot of the future potential so if a massive part of the industry like broadcom earnings and a rate hike chance increase is expected, then it's pretty natural that a high beta and high momentum industry is gonna tank a bit but its definitely not a crash

I mean if it makes yall happy, atleast we arent doing the worst. So lets be optimistic and look at the bright side of things :D. Lets go India not number 1 from the bottom !!!

Lol this is right when they realised most foreign investors are dipping

I’m currently working at a bank in their Global Markets, and before this I always assumed S&T was this super niche and “dying because of automation”.

From what I’ve seen so far, the flow desks look genuinely interesting. You’re close to markets and the day-to-day seems much more interesting than grinding through endless pitchbooks. Obviously there’s stress, but it feels like a very different kind of stress from your traditional IBD. The wlb is also relatively more chill (atleast at the bank I'm at which isn't a BB btw) and from what I understand, the comp is also pretty good.

One issue I still am facing and wanted to ask other S&T guys is that I keep hearing that a job in S&T is pretty volatile and you tend to loose your job more often. But again from what I've heard after networking (only at my desk so far, I'll need to network around the floor a bit more but this seems sort of a taboo question) is that most of the job is market making and the risk you have is your "book risk" and traders don't really function as prop traders anymore due to regulations and hence I'd like to assume that there's a lower career risk (or risk to get fired). But yeah besides career risk (again not sure how true this), Isn't S&T significantly more fun and exciting especially at the junior level ?