Re:Lyft laying off 13% of staff
by itsoktocry on Thursday November 03, 2022 @01:36PM
(#33454565)
>Or 1. Convince people stocks are going to go down
Stocks are not the economy.
We literally have a cold war with China escalating, a hot war in Europe (which we aren't directly involved in..yet), all after years of loose monetary and fiscal policy, inflation is at generation highs, with rates rising and housing relating prices crashing, and on and on...
Maybe HN needs some more serious economic analyses posted if people think all of this is caused by a 15% fall in SPX.
Stocks are not the economy.
We literally have a cold war with China escalating, a hot war in Europe (which we aren't directly involved in..yet), all after years of loose monetary and fiscal policy, inflation is at generation highs, with rates rising and housing relating prices crashing, and on and on...
Maybe HN needs some more serious economic analyses posted if people think all of this is caused by a 15% fall in SPX.