2min chapter

Animal Spirits Podcast cover image

The Super Bubble (EP.273)

Animal Spirits Podcast

CHAPTER

Laying Off 20 % of Your Workforce in Wall Street

i don't think you can really trust these sentiment indicators any more, because they move so fast in both directions. The whole point about it's much easier to unite people based off of sharing contempt for the other group. Any time a company says they're laying off 20 % of their employees, it's not the last time. And i get the idea it's because they're woried about inflation. That's the biggest water i've ever seen. Donocay over there.

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