Give some examples so I can be "in the know"There have already been layoffs in RE, finance, and tech. Significant layoffs that are being under reported.
Give some examples so I can be "in the know"There have already been layoffs in RE, finance, and tech. Significant layoffs that are being under reported.
There have already been layoffs in RE, finance, and tech. Significant layoffs that are being under reported.
Give some examples so I can be "in the know"
The economy is contractingI get so much business news that I don't bother bookmarking or saving "the worst," as the investor class expects a serious downturn over the next 18 months. That said, from memory the two largest RE businesses had laid off at least 10% of the workforce. Cyrpto exchanges have set aside at least 20% of their workforce because money flow is down due to less people trading. With the decease in RE sales, financial institutions have been letting people working on underwriting in the third sub-basement go. It is just a daily trail of news of somebody laying off people. Ford let people go on lower sales and so forth.
The velocity of business is decreasing as inflation eats up discretionary income and with the sale contraction, excess employees are getting shaved and excess inventories are increasingly going on sale. Most CEOs expect worse times to come over the next year. Investors watching the business cycle are greedily waiting to deploy their war chests of money and buy low. We have a bubble of everything right now and we're still in it even as we experience record upsides in the market because the news wasn't as bad as expected (seven of the ten biggest market rallies have taken place during bear markets).
CNBC isn't showing the extensive list of layoffs articles I've seen on my news ticker but even typing layoffs in the search doesn't paint a pretty picture. CNBC Search : Find stock quotes, news, videos and more
Also, when energy prices rise, the warlords all over the world all start to saber-rattle.
We are holding a lot of cash to buy more land once some of these owners get in a position they need to sellI get so much business news that I don't bother bookmarking or saving "the worst," as the investor class expects a serious downturn over the next 18 months. That said, from memory the two largest RE businesses had laid off at least 10% of the workforce. Cyrpto exchanges have set aside at least 20% of their workforce because money flow is down due to less people trading. With the decease in RE sales, financial institutions have been letting people working on underwriting in the third sub-basement go. It is just a daily trail of news of somebody laying off people. Ford let people go on lower sales and so forth.
The velocity of business is decreasing as inflation eats up discretionary income and with the sale contraction, excess employees are getting shaved and excess inventories are increasingly going on sale. Most CEOs expect worse times to come over the next year. Investors watching the business cycle are greedily waiting to deploy their war chests of money and buy low. We have a bubble of everything right now and we're still in it even as we experience record upsides in the market because the news wasn't as bad as expected (seven of the ten biggest market rallies have taken place during bear markets).
CNBC isn't showing the extensive list of layoffs articles I've seen on my news ticker but even typing layoffs in the search doesn't paint a pretty picture. CNBC Search : Find stock quotes, news, videos and more
Also, when energy prices rise, the warlords all over the world all start to saber-rattle.
Fuel prices will continue to rise, along with interest rates.
We are well on our way to fixing the labor shortage. That will be a great win for this administration