
Tech Layoffs and Tumbling Crypto
Barron's Streetwise
00:00
Is It Time to Buy the Dip?
Tech employment is drifting lower. We are seeing layoffs, but there's so much labor availability in other sectors. Jose says that while the job market looks strong, there are signs that consumers are slowing down their spending. He thinks declining earnings will push the S&P 500 to a low of $3,200 next year.
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