Q4 this year and Q1 next year just have to be bloodbaths this year - but then again, I'm literally always wrong about this stuff. It really seems like I should be right.
I say this because I think now that callbacks are starting slowly and lots of offices have said Sept - Oct time will when they 'open the office' again properly - the redundancies will be made before then - then belts tighten, budgets get slashed, spending goes way down due to layoffs - and then Q4 and following quarters will be abysmal.
I should probably buy calls on the S&P to be at record highs by year end instead though because we live in clown world now.
I say this because I think now that callbacks are starting slowly and lots of offices have said Sept - Oct time will when they 'open the office' again properly - the redundancies will be made before then - then belts tighten, budgets get slashed, spending goes way down due to layoffs - and then Q4 and following quarters will be abysmal.
I should probably buy calls on the S&P to be at record highs by year end instead though because we live in clown world now.