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Layoffs hit the tech industry
Layoffs.FYI is a website that tracks tech layoffs. Last year, 150,000 job cuts.
“They’re going to break something”…
Buckle up. 2023 is going to be an interesting year. The odds of a soft landing are dropping, what might the Fed do if an actual recession is declared?
Southwest Airline’s rough weekend
Tens of thousands of flights were cancelled including Delta, American, JetBlue and Alaska, but Southwest had it the worst and is still cancelling flights.
The best/worst time for last-minute shopping
We are in the middle of 4 of the top 10 busiest shopping days of the year.
NFL via YouTube?
DirectTV spends $1.5 billion yearly for Sunday Ticket rights. But with a subscriber drop to 1.5 million, it’s not making financial sense for co-owner AT&T.
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EV enthusiasm eases
The Biden administration’s goal is 50% adoption by 2030. Now, the median expectation from the industry is only 35%, down from 65% last year.
The Fed is getting a lump of coal in its stocking
"No question. We're headed for a slowdown" says Dave Spano. In this week's episode, he and Dan O'Donnell review the actions of the Fed and how they have set up current market conditions---including a possible recession in 2023.
Company Match, DCA Into Index Fund, Annuities, Earnings Calls
"If my company contributes a match to my 401k and if I leave in a year or two, I know the matching is void. What happens to the gains from my investments? I'm weighing the pros and cons of opening one through my company or on my own." – James
Is the Fed winning the fight against inflation?
Is the Fed winning the fight against inflation? The all-important consumer's resolve might be dwindling. Diversification opportunities might exist outside the US. Is there a threat because of lag in Fed policy?