3 ms·
10 years of low interest rates. 10 years of stock market bull market. FED just announced they intend to raise interest raise further and cut their balance shee
by eighthnate 9y ago
10 years of low interest rates. 10 years of stock market bull market.
FED just announced they intend to raise interest raise further and cut their balance sheet.
A recession in the next few years is a certainty.
As for the labor/skill shortage... I don't believe it. If there was a labor/skill shortage, we'd had high school kids getting paid $50/hr for web dev like we did in the late 90s.
Anyone who was alive in the 90s dotcom bubble knows what a real labor shortage looks like.