Hey I’m an MBA but much more closely resemble the 2nd guy.
What happens when I announce a layoff?
lostfinancialsoul on
is the great rotation under way?
Sad-Side-8704 on
Is the recession in the room with us now
GeneralDecision7442 on
The sell off isn’t even because of unemployment. It is because all these companies are posting revenue misses due to raising their prices way too much
Mavnas on
No, the idea is your company cuts costs by exploiting your employees extra hard, while all the other suckers pay your customers decent salaries so they can buy stuff from you. When everyone tries to use the same strategy, it breaks. Classic prisoner’s dilemma.
8 Comments
Typical market overreaction.
>”Unemployment is up”
>* The Fed
Chaired by JPow, the head of the BLS, a branch of US Department of Labor!
Yeah, very cool meme [buddy.](https://i.imgflip.com/35hp79.jpg?a478176) Here’s your honorary sippy cup. The crayons are in cabinet to the left.
Hey I’m an MBA but much more closely resemble the 2nd guy.
What happens when I announce a layoff?
is the great rotation under way?
Is the recession in the room with us now
The sell off isn’t even because of unemployment. It is because all these companies are posting revenue misses due to raising their prices way too much
No, the idea is your company cuts costs by exploiting your employees extra hard, while all the other suckers pay your customers decent salaries so they can buy stuff from you. When everyone tries to use the same strategy, it breaks. Classic prisoner’s dilemma.
The more its paradoxal, the more its real.
Thats the way the market react.