Re:Mass Timber Is Great, but It Will Not Solve the Housing S...
by gottorf on Wednesday March 13, 2024 @10:27PM
(#39700024)
No argument against your company's WFH productivity! But:
> 2020-21 and then we went back to the office in 2022 and our profits and stock price dropped
The broad stock index rallied like crazy 2020-21 with ZIRP, then all of 2022 was a bear market that followed rate hikes. The S&P 500 rose almost 50% from January 2020 to December 2021, then lost about 20% in 2022. So it's not unreasonable that your company's stock price followed that trajectory.
> 2020-21 and then we went back to the office in 2022 and our profits and stock price dropped
The broad stock index rallied like crazy 2020-21 with ZIRP, then all of 2022 was a bear market that followed rate hikes. The S&P 500 rose almost 50% from January 2020 to December 2021, then lost about 20% in 2022. So it's not unreasonable that your company's stock price followed that trajectory.