Hi All,
Over the past week, we have seen a significant weakening in the labor market. While layoffs are happening, and fewer jobs are posting it remains above the level the FED would like to see. Additionally, inflation is still running much too hot for the economy, and with this, the Federal Reserve has decided not to conduct rate cuts. In this podcast, I discuss macroeconomic factors and thoughts on downside protection.
- Layoffs surge 130%+
- UPS, CITI, Block, Zoom, and many other companies facing tremendous layoff pressure
- Interest rates remain elevated for longer
- Inflation too high
- Election year and the current administration would like to get reelected
- How I prep
Best Regards,
SatsMates
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Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment.
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