Most of the rest of the U.S. thinks the layoffs that have hit the tech sector are because they overextended and made poor decisions during the stimulus-fueled boom. That may be true, but a falling tide grounds all boats. We'll see some big names in the economy do mass layoffs this summer - that's the whole point of the Fed's actions.
My marker for when it's time to re-enter the stock market is when an S&P 500 company goes bankrupt.
Most of the rest of the U.S. thinks the layoffs that have hit the tech sector are because they overextended and made poor decisions during the stimulus-fueled boom. That may be true, but a falling tide grounds all boats. We'll see some big names in the economy do mass layoffs this summer - that's the whole point of the Fed's actions.
My marker for when it's time to re-enter the stock market is when an S&P 500 company goes bankrupt.