We thought this interesting for some perspective. Basically, returns on the S&P500 show the same amplitude (peak to trough) in 2011 as in 2010 but with a “phase shift”. This year’s lows are slightly lower than last years but we’re not done and it just “feels” much worse this year than last.
Layoffs ‘Kill People’ And Big Tech Firms Are ‘Copycats’ In Making Decision, Business Professor Says
As the tech industry continues to shed jobs by the thousands, a business professor is sounding the alarm on the dangerous consequences of following the herd.
