Investing Strategies. What is your move?
- Thread starter PimTac
- Start date
Google to lay off 12,000. Silicon Valley is shuddering with all these layoffs.
https://www.cnbc.com/2023/01/20/google-to-lay-off-12000-people-memo-from-ceo-sundar-pichai-says.html
https://www.cnbc.com/2023/01/20/google-to-lay-off-12000-people-memo-from-ceo-sundar-pichai-says.html
Companies discovering they don't need tens of thousands of people who do..................nothing.
“You will own nothing.” That might include your own retirement plan.
But we are not yet there as you said. Meanwhile in a snowy part of Europe…..
The Fed raised rates by 25 basis point today and says further rate increases are still in the works.
I don’t know about everyone else but gasoline prices have been headed back up. We saw a 20¢ increase just this past week. Food prices are continuing to go up as well. Utilities are raising rates too.
I don’t know about everyone else but gasoline prices have been headed back up. We saw a 20¢ increase just this past week. Food prices are continuing to go up as well. Utilities are raising rates too.
There are over 11 million job openings ... I'd think most laid-off people should be able to find some kind other work. Still a work force shortage, but people don't seem to want to work anymore, lol.
Do that with 401s/IRAs etc, and cut SS/Medicare, etc and watch how the economy does ... lots of people won't be buying anything but the bare minimum if that ironic move happens. I'm sure there are plenty of wasteful spending that can be cut way before things that help keep people alive.
If they try to do it you would see the biggest crash in stock market history. Throw in bank runs as people panic. This wouldn’t be limited to the US either.
Then there would be this.
In my quarterly report from American Century today I saw some info on a new ETF from Avantis which is AC’s latest division. The ticker is AVGE. It’s a Total World Market holding. What is interesting is that it is a one stop shop so to speak in that this ETF invests in other Avantis ETFs this covering the world market. A interesting idea.
https://etfdb.com/etf/AVGE/#holdings
https://etfdb.com/etf/AVGE/#holdings
Yahoo to lay off more than 20% of their workforce.
The last person to leave Silicon Valley please turn off the lights.
https://www.newsmax.com/finance/streettalk/yahoo-layoffs/2023/02/09/id/1108013/
The last person to leave Silicon Valley please turn off the lights.
https://www.newsmax.com/finance/streettalk/yahoo-layoffs/2023/02/09/id/1108013/
AOL parent laying people off, but that's no surprise - which I thought related to Yahoo, as both owned by Apollo
With the historic job creation I can't keep up..................
With the historic job creation I can't keep up..................
AOL parent laying people off, but that's no surprise - which I thought related to Yahoo, as both owned by Apollo
With the historic job creation I can't keep up..................
I didn’t know AOL was still around.
GON
$150 Site Donor 2025
I thought Verizon had purchased AOL some years back, as it was the only player left, and VRZN was late to the dance.
AOL doesn't know that either. They are owned by Apollo group, which did indeed lay off 10-15%
Fed Chair Jerome Powell spills the beans. Rates are going higher and rate increases may have to be accelerated.
But everything is fine, just fine.
https://www.cnbc.com/2023/03/07/fed...to-be-higher-than-previously-anticipated.html
But everything is fine, just fine.
https://www.cnbc.com/2023/03/07/fed...to-be-higher-than-previously-anticipated.html
All based on magic growth.
Besides rate hikes, what else can be done to fight inflation ?
Similar threads
