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The Fed's dot plot shows they plan on lowering interest rates within the next 24 months. How can Microsoft (big tech company) not have faith that their highly
by MuffinFlavored 4y ago
The Fed's dot plot shows they plan on lowering interest rates within the next 24 months.
How can Microsoft (big tech company) not have faith that their highly paid engineers + managers can't build amazing products efficiently (aka not costing too much) to the point where they can outcompete the risk free rate which is temporarily ~5% and headed back down to 2-3% within the next 2-3 years most likely?
- disgruntledphd2 4y agoSure, but 24 months is six quarters of potentially lower returns and share price. Execs are bonused on share price appreciation so the layoffs make sense to them.