Don’t Mistake Tech Layoffs for a Recession
If job numbers are so strong, why all the layoffs in technology? Original Source
Read MoreIf job numbers are so strong, why all the layoffs in technology? Original Source
Read MoreTesla and Spacex CEO Elon Musk expects a global recession to last until the spring of 2024. Musk added that his two companies are in good positions but many others are not. “Recessions do have a silver lining in that companies that shouldn’t exist stop existing,” the Tesla boss said. Elon
Read MoreBitcoin (BTC) may spend the time until its next block subsidy halving battling recession, Elon Musk suggested.In a tweet on Oct. 21, the Tesla CEO revealed his belief that the world would only exit recession in Spring 2024.Musk: Recession will “probably” stay until Q2, 2024After the United States entered a
Read MoreThe Conference Board has found that 98% of chief executives surveyed are preparing for a U.S. recession while 99% of CEOs are preparing for an EU recession. “CEO confidence sunk further to start Q4 and is at its lowest level since the Great Recession,” the organization said. 98% of CEOs Expect
Read MoreGold bug and economist Peter Schiff says there are two possible outcomes of the Federal Reserve’s action on the U.S. economy. One outcome leads to “a massive financial crisis and severe recession” as stocks, bonds, and real estate crash. In the second outcome, “the world will run away from the
Read MoreThe crypto market has been showing signs of decline recently as prices of Bitcoin and other crypto assets keep dropping. With the
Read MoreFrank Downing, director of research at Ark Invest and Steven McClurg, co-founder of asset management firm Valkyrie, joined “First Mover,” to discuss why crypto may have reached its “bottom,” and their crypto-focused separate managed accounts (SMAs). Source
Read MoreBy Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). After a painful week for the stock market in the U.S., the S&P 500 had its best
Read MoreToday’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s analysts believe the European Union (EU) and the U.K.
Read MoreThe latest price moves in crypto markets in context for Sept. 26, 2022. First Mover is our daily newsletter putting the latest moves in crypto markets in context. Original Source
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