/biz/ - Business & Finance

>>53483975
I give it another two round or two of layoffs from non-tech companies. I think people discounted the big tech cuts because they were so clearly overinvesting in 2020, but once Walmart for example starts to shed in earnest it may make people pause (and of course also means less money entering the market). The X-factor is how the Fed reacts, because return to 10% inflation would fuck over the market and the real economy too and that could happen if JPOW pivots.