I just read an article about Schwab laying off 600. Is this true?!?! I haven't heard anything like this.
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Yes it’s all true. 600 people got laid. This is in line with some 600 people did something, somewhere.
The Fed is expected to cut interest rates by a quarter percentage point this Wednesday. This will match the rate at the Bear Sterns bailout in March 2008 —— less than 2 weeks later, Lehman failed. History repeats, it will be a disaster soon.
What a way to return form a sabbatical! Potentially another 2 months of of sabbatical, on the bright side!
It’s true, and things will get worse because of the macro climate.
Hope you had a great sabbatical
The interest rate will drop to 0 below in a few months.....
Coming back from sabatical on Monday. So this is all true!
Did you not get the email?