I would agree with you, but I lived through the dot bomb / 9-11. There are times when companies, collectively, decide to hold off on hiring for a few quarters w

I would agree with you, but I lived through the dot bomb / 9-11. There are times when companies, collectively, decide to hold off on hiring for a few quarters while doing massive layoffs. Thats when the market gets flooded. It's hard to imagine today, but it sure did happen.