Up for Inflation, Down for Stocks and Bond Values

by David Haggith
GoldSeek

Who would have thought, in an investing world where the techiest people who built the high tech that both ran and drove the stock market explosively, that it would be laid-off tech employees who express a “sense of impending doom” over job cuts? The answer to that would be anyone who lived through the dot-com bust at an age that was paying attention. And that’s where we are today, according to a story about the sad faces of techies, who face the highest layoffs since 2001.

As they struggle to find new positions, they are also being pressed to accept pay cuts. It’s that dismal for those in the big-money realm.

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