Time.com article about how the recession may be worsened by group-think / CEO's following each other on cutting costs and, most importantly, jobs. Now, this isn't to say that a recession isn't going to be in our future, as that's how market operate, but this article brings about an interesting thought on how things may be prolonged by an almost "technical" approach to decision-making rather than a more "fundamental" angle.
Although we don't have empirical data on this hypothesis there is a feeling that recessions may be different than in the past due to the connectivity of the global markets and the velocity of capital that can, perhaps, soften the landing of these retractions. Now, there may not be a way to stave off a systemic issue, but the typical ebbs & flows of market cycles may be lessened as we are more connected as a global society.
How does the overall market impact your business, hiring, and trajectory? Let us know if we can help you with your real estate understanding or moving on your decisions. 480-951-1212 / info@cornwell.co
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