dow jones

newolddude

Well-Known Member
How much of this recent downturn is because of this?


IMHO the gig companies need to be restrained. All they do is destroy the job market.
 

Up In Smoke

Well-Known Member
Awesome number (for me). Revenues are flying and demand remains high despite higher prices. Savings accounts are still 2x what they were in 2020 and companies are adding employees. Maybe 4.5-5% short term rates will drive down inflation.
 

DriveInDriveOut

Inordinately Right
Savings accounts are still 2x what they were in 2020 and companies are adding employees. Maybe 4.5-5% short term rates will drive down inflation.
The savings rate is plummeting and consumer debt is growing. Most Americans are financially stupid. They'll spend until their bank accounts are emptied then they spend until their credit is maxed.

The fed wants pain and they're going to get it.
 
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