Deleted
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Post by Deleted on Nov 10, 2022 5:52:13 GMT
Layoffs have started in Tech. Though it is a combination of company specific issues and what Fed is doing to slow down the economy.
Job losses have not yet spread outside of tech. So fed still has lot of work to do.
2022 was bad for stocks and bonds but everything else held on quite well.
2023 is going to be bad for both wall street and main street unless Inflation comes down fast.
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Post by johnsmith on Nov 10, 2022 9:03:25 GMT
what Fed is doing to slow down the economy. If the fed kept the interest rates at 0, would the economy have slowed?
I'd posit yes. High inflation rates (because of supply chain issues) themselves were causing the economy to slow.
I'd go even further - without external input, the economy would eventually slow anyways.
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