31–40 of 243 posts
> The impact: It's the highest number of job cuts in a quarter since 2015. Highest since 2015 is less surprising than “ highest in a decade”
I also feel like the scale of this graph makes this look a lot worse than the numbers indicate.
"The report said worry about an economic slowdown was the main driver of companies' layoff intentions." I sometimes wonder if these sorts of economic projections end up being self-fulfilling prophecies. If everyone tightens up spending because they expect a recession, that essentially guarantees there will be one.
Has anyone seen this happen in practice? Any HNer who is management have to lay people off because their executives say “we have no problem getting capital right now but we think it might become more difficult in the future.”
And yet, markets are nearly at all time highs. I'd like to see a breakdown of who's buying stocks/equities. EDIT: I know earnings are high, but much of our growth over the last 20 years has been during 2-4% GDP deficit. I don't think that's been priced into the markets. Markets may be assuming that the deficit party will continue.
The unemployment rate is the lowest it has been in 50 years. That stat isn't perfect but it is still that the number of people with jobs is about as high as it has ever been.
cool fun times. glad we just gave billionaires and mega corporations a trillion dollars
If you oppose something, it's a good idea to demonstrate you understand what you're against, otherwise you risk looking stupid.
And yet, markets are nearly at all time highs. I'd like to see a breakdown of who's buying stocks/equities. EDIT: I know earnings are high, but much of our growth over the last 20 years has been during 2-4% GDP deficit. I don't think that's been priced into the markets. Markets may be assuming that the deficit party will continue.
Per capita or velocity are much more useful metrics.
"Unemployment Rate Reached a Record Low in 19 States Last Year"[1]
[0] https://www.usnews.com/news/business/articles/2019-04-04/app...
[1] https://www.bloomberg.com/news/articles/2019-01-23/unemploym...
So basically the fear of recession may trigger a recession? Laying off, cutting spending and thus cascading economic contraction? Don’t think that would be a liquidity trap, but this type of recession always makes me think of Krugmans Baby-Sitting COOP model: https://en.m.wikipedia.org/wiki/Capitol_Hill_Babysitting_Co-...
cool fun times. glad we just gave billionaires and mega corporations a trillion dollars
Bully: Give me $5 today.
Bully: Give me $5 today.
Bully: Give me $4 today.
You: That bully just GAVE his victim $1.
Earlier quoted context omitted.
Is HN going to turn into just another boilerplate low-quality, sarcastic tribal sniping comments section? Seems like it's well on its way...
Garbage in garbage out... post a vapid factoid article that's spun to make a specific number look bad, with little context, and what else is there to say?