Thread regarding Verizon Communications Inc. layoffs

Let's face the facts, this current administration is Amateur Hour. Self dealing billionaires and Fox News hosts. Red hat wearers got played like a harp.

Tarriffs on every country & needless war will result in a depression.

@cf Yeah, it doesn't get better the further back you go. Down until it bottomed out in 10/2023.

After CEO swap it was a rollercoaster of ups and downs topping out in March an now a rollercoaster of ups and down with more downs than ups as each news story exposes more about Dan's direction.

I’m curious what people thought was going to happen when they shut down the planet for “Covid” gave people money for nothing and asked corporations and businesses to agree to it. That was a whole buy now pay later scam. It was also an experiment to see what would happen when world economies were shut down. Bet people wish they didn’t take the money then. Now we’re all paying it back 10 fold.

@b6 Big deal. That’s about one month’s worth of data. Think longer term.

@a9 only thing worse than govt is corporations

@b6 The Fed raised interest rates 9/16/26. Dividend stocks like VZ drop when interest rates increase and go up when interest rates decrease. Don’t let that fact ruin your opinion based narrative.

Thing is .... Dan and the board will be ok....
We ? not so much.

Depression is already here being a Verizon customer/employee.

@OP That reminds me. I need to order a pizza for lunch.

@ae This was the direction Dan wanted it to go isn't it?
You can't "Buy low, sell high" until he gets it as low as he need it to be.
$50.10 Close Aug 24, 2026
$50.14 Close Aug 31, 2026
$50.61 Close Sep 7, 2026
$48.09 Close Sep 14, 2026
$47.08 Close Sep 21, 2026
$45.98 Close Sep 28, 2026
$45.90 12:52 PM EDT Oct 2, 2026

All the circular financing is coming home to roost eventually. It's definitely time for a recession to cleanse the world of this hyper inflation. "If not us, then who?. If not now, then.when?"

@a8 im unfortunately already preparing for the worst case.

I am with you

@a8 No. I welcome any market correction. Great buying opportunities!

There are so many variables to all of this. One thing is for sure, in this day and age, its hard to tell what is true and what is bs. It's not like AI is helping with that at all. Good luck to everyone whether you are staying or leaving.

The federal government is our primary problem.
It is a magnet for low-lives, obviously, and who wants low-lives in charge of anything? Disempower it by cutting off the money. State and local governments will eagerly step in to fill any voids.
The sun will still rise, we will all be more free, and political accountability will be much closer to home, as it should be.

Vteamers, does anyone else feel that the stock market will also have a major correction once mass layoffs go mainstream and people stop contributing to their 401k and in fact start withdrawing from their 401k to survive.