Saturday broadcast, 7/23 - 7/29.
Key topics:
✔️ ICYMI news.
✔️On June 30th, one of my job market predictions was that we would see more zombie companies propped up by hot air, debt, and VC money going under. That's already happening.
✔️More layoffs & hiring freezes.
✔️ Cannibalism, new "definitions" of a recession, get yer "to go bag" ready in case of emergency, etc.
✔️The BoA leaked memo vindicates what I've been telling y'all for months about the balance of power in Corporate America. Would that it were not so. 😖
Links I mention in this episode:
https://www.youtube.com/watch?v=U2-9qlwSmm0
https://twitter.com/nytimes/status/1550864590560546816
https://businessinsider.mx/stock-market-outlook-jpmorgan-marko-kolanovic-sell-off-fed-rates-2022-5/
https://www.efinancialcareers.com/news/2022/07/credit-suisse-layoffs
https://www.linkedin.com/news/story/tech-unicorn-whoop-reveals-lay-offs-4869505/
https://www.buzzsprout.com/1125110/10858972
https://causeyconsultingllc.com/2022/06/21/the-bitcoin-bull/
https://www.linkedin.com/news/story/sales-of-beer-smokes-signal-shift-5918802/
https://www.whitehouse.gov/cea/written-materials/2022/07/21/how-do-economists-determine-whether-the-economy-is-in-a-recession/
https://www.linkedin.com/news/story/zuckerberg-ramps-up-pressure-at-meta-5917602/
https://www.theguardian.com/technology/2017/may/08/virtual-reality-religion-robots-sapiens-book
https://www.linkedin.com/news/story/us-economy-slips-into-recession-4872457/
https://theintercept.com/2022/07/29/bank-of-america-worker-conditions-worse/
https://twitter.com/nycemergencymgt/status/1551975637795176452?ref_src=twsrc%5Etfw
