Econ Watchman

America's Economic Watchman! Former business manager, current tech guy with an eye on the economy.
#econwatchman #economy #watchman

[Econ Watchman @EconWatchman]

Get a side gig, save, & buckle up...The layoffs continue.

[The Kobeissi Letter @KobeissiLetter]

Current List of Mass Layoffs:

1. Amazon: Laying of 10,000+ this week

2. Twitter: 50% of workforce

3. Snapchat: 20% of workforce

4. Meta: 13% of workforce

5. Credit Suisse: 5% of workforce

6. Apple: Hiring freeze

7. Disney: Hiring freeze

Unemployment is set to skyrocket.

[Econ Watchman @EconWatchman]

BTC was at about $11,650 at that time...
#btc #Crypto #Bitcoin

[Michael Saylor @saylor]

On August 11, 2020, @MicroStrategy embarked on its #Bitcoin Strategy, acquiring 21,454 bitcoins at an aggregate purchase price of $250 million.

Performance since that time of BTC is +83%, $MSTR is +79%, S&P is +16%, Nasdaq is +6%, Gold is -14%, Bonds is -16%, and Silver is -33%.

[Econ Watchman @EconWatchman]

Some price dips are happening --> ‘How quickly the tables have turned’: A drop in mortgage rates has homebuyers so cocky they’re asking sellers for cash - https://t.co/dWZ0j5Qm6l via @YahooNews #economy #realestate #mortgage #pricedips

[Econ Watchman @EconWatchman]

Even though it's summer, the “crypto winter” is here -->
Crypto hedge fund Three Arrows Capital plunges into liquidation as market crash takes toll - https://t.co/IjkVM8foHo
#economy #crypto #downturn #recession #cryptocrash #cryptowinter #crash #marketcrash

[Econ Watchman @EconWatchman]

In a #recession? -->
Biden will have to admit the economy is in a recession: Economist https://t.co/cXAcdqw9QS
#economy #downturn #Fed #inflation

[Econ Watchman @EconWatchman]

“We think we are in a recession,” -->
ARK Invest's Cathie Wood says the U.S. is already in a recession - https://t.co/6CPeLRurZT
#economy #recession #Fed #inflation #downturn

[Econ Watchman @EconWatchman]

The BullWhip effect -->
Michael Burry of ‘The Big Short’ Fame Warns Fed May Alter Course - https://t.co/DJtv68rZhX #economy #Fed #QT #retailers

[Econ Watchman @EconWatchman]

If there was any wrong doing, apparently it'll come to light.
#economy #crypto #Luna #assets #investigation #DoKwon

[Crypto Crib @Crypto_Crib_]

🚨Anonymous send message to $LUNA founder Do Kwon🚨

[Econ Watchman @EconWatchman]

Econ tightening...add some more holes to your belt.
#economy #inflation #centralbanks @markets @economics #Stagflation #recession

[Mohamed A. El-Erian @elerianm]

From Bloomberg.

#economy #inflation #centralbanks @markets @economics

[Econ Watchman @EconWatchman]

Wow, is it that high?
#economy #bad #inflation #Stagflation #recession

[Ronna McDaniel @RonnaMcDaniel]

3 in 4 Americans say Biden’s economy is in bad shape.

[Econ Watchman @EconWatchman]

Be prepared! --> Wall Street layoffs likely ahead as two-year hiring boom turns to bust - https://t.co/ElJIXVRcwX #economy #jobs #jobcuts #layoffs #WallStreet #banking #banks #Fed