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Tech Industry Layoffs, Job Additions, and Cryptocurrency Performance
This chapter explores the impact of layoffs in the tech industry, showcasing that stock prices of tech companies tend to rise after announcing layoffs while other sectors like Chipotle and Boeing are actively hiring. It also compares the recent performance of Bitcoin and Ethereum in the cryptocurrency market and discusses insights on job openings in various companies. Additionally, the chapter delves into the housing market, including discussions on slowing price declines, changing mortgage rates, and the resilience of the market amidst falling inventory levels.