Has the market really become so numb to this kind of news that this barely caused any reaction?
>>61024497ehbumpit's practice recession season
>>61024705I’m looking forward to the practice soup line
>>61024497the theory is that its good because AI is increasing productivity per worker, hence GDP running 3.5% (which is mostly just tech AI spend). What you want to wait for to short or buy puts is mag7 earnings, if they miss, down goes Frazier
>>61024497companies need much less people to function: ideally, a company has only 2 layers - executives, who provide funds, own the company and develop its vision, and executors - engineers and salesmen who implement the vision and distribute the product
>>61024714Yeah, ai so far is doing a good job of replacing workers. (and it hasnt even ramped up yet.)Immigrants, legal and illegal, are also contributing
>>61024497which market?my market didn't lose any jobs
>babbies first bubble this has happened many times the more politicians interfere with the economy to delay the correction, the bigger it will bewe are in global stagflation in the west because of good old America, the plan has always been devaluing currency so we live like Chinese and can compete.
>>61024712I've practiced wheeling dollars with my practice wheelburrow. This practice economy ends in 2 more weeks.
