alt Hacker NewsNo, because the only thing keeping the fed from lowering interest rates and juicing real estate and everything else is a strong labor market.
Replies
sethops1 • today at 4:54 AM
And the fact that everybody knows real inflation is still high.
ac29 • today at 5:48 AM
The fed has cut rates 5 times in the past 14 months
You have it backwards. Layoffs these days increase stock value because everyone is hedging that bad job numbers will force the feds to lower interest rates. Something Powell has hesitated to do in order to keep inflation in check.
It's a very screwed up incentive to be rewarded for breaking the system, but that's 2025 in a nutshell.