With so many layoffs happening from Tesla, OCI, PayPal, Walmart to what not, is this a start of bust or is the worst over? Will we see more bloodbath?
I was too young to see the dot com crash and just starting over during financial crisis.
With so many layoffs happening from Tesla, OCI, PayPal, Walmart to what not, is this a start of bust or is the worst over? Will we see more bloodbath?
I was too young to see the dot com crash and just starting over during financial crisis.
comments
Just spend and save money reasonably. What else can you do? Switch to an “industry proof” career?
I don’t see the point of recession fear mongering.
Edit: except for the fact that you are already scared and misery loves company
A/ Lowering the interest rates and
B/ Inversion of the yield curve
When the recession hits, we’ll have hundreds of thousands jobs lost...
Layoffs in Walmart are worrying though. But hey, we haven’t had a recession in 10 yrs. does anyone really think the fed has eliminated the business cycle?
The last 2 recessions were associated with a massive bubble in some kind of asset (for dot coms it was tech stocks and the financial crisis it was housing) followed by a massive correction. What’s that asset today?
I can see the economy slowing down (it already is). That doesn’t mean it’s a recession. We’ve had incredible run of growth over the last 8-9 years.