Who isn’t cutting jobs? You know what first thing a broke middle class employee with two kids does when they lose their job and can’t make the mortgage. Take the penalty and cash in the 401k. Companies need to sell stock, boomers, and now working class. Market on borrowed time

https://twitter.com/hks55/status/1263914696513650693 Dell Halts 401(k) Matching, Pay Raises, Hiring to Preserve Cash JP Morgan: "We raise our forecast of the unemployment rate and expect it to stay above 10% through year-end" "We are less confident in 2021 growth prospects and see …

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Rent to salary ratio by U.S. metro

by brixu   I’m a data scientist at LinkedIn and created with ggplot2 in R. Data source is LinkedIn Salary and Zillow Rentals data. My post source on LinkedIn: https://www.linkedin.com/posts/brixu_workforcereport-activity-6669273938411044864-DIZA    

Marc Lasry says the market will eventually realize the U.S. will be in a recession ‘for a while’… Banks will struggle to generate profits even as the global economy recovers

Marc Lasry says the market will eventually realize the U.S. will be in a recession 'for a while' https://t.co/zGwTEIB74C — CNBC (@CNBC) May 21, 2020 Banks will struggle to generate profits even as the global economy recovers, IMF says https://t.co/L2cYMF9xcY …

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