WOW
Oracle Layoffs are intense.
Entire orgs are getting blindsided.
Cloud, Comms/Marketing, Engineering, Ops, Sales
Directors, ICs, even SVPs - all levels.
Remote and in-office. Top performers. Doesn’t matter.
People with 7, 13, 18, 20+ years at Oracle… gone!!
I was told-…
There is one issue that voters on both sides of the aisle should be absolutely united: members of Congress and their immediate family should be banned from trading individual stocks/options.
Austin, TX's rental market has corrected hard.
Asking rents are down 18% in the last three years.
And now, rents are almost back to pre-pandemic levels.
Apartment developers in Austin are taking it on the chin after overbuilding in this market for the last 5 years.
The good…
⚠️US subprime auto loan delinquencies are ABOVE crisis levels:
The 60-day delinquency rate for subprime auto loans has surpassed 5% for the first time in HISTORY.
They have DOUBLED over the last 4 years.
They are way ABOVE the Great Financial Crisis levels.
Observations:
My LYFT driver who has over 10,000 rides(app told me) said he’s never seen business this slow.
Claimed he never had gaps between rides before and now happens all the time since August.
Restaurant I’m at(usually packed) is empty and has 5 people at the bar.
The housing market is getting so weak that it’s poised to become a significant drag on overall economic growth, according to Moody’s Analytics chief economist Mark Zandi.
HOLY.
Read this twice:
• 24% of Gen Xers laid off in the last decade still don’t have jobs.
• 49% say they make less than younger coworkers
• 22% skipped for projects
• 16% passed up for promotion
This isn’t normal.
🚨BREAKING: New tax proposal was just introduced:
Eliminate capital gains tax on primary home sales.
Here's what that could mean for homeowners and the housing market:
Americans now spend more on health care than groceries or housing, with health care accounting for approximately 20% of household expenditures, according to the New York Times.
30 Followers 1K FollowingEducational insights to help maximize your money • I help people navigate inheritances & sudden wealth • Owner @ Rogue Advisors • Tweets # advice
146 Followers 7K Following🍭 I'm the Bitcoin guy 💼 10 years of finance industry experience 🧠 1 BTC = ∞ USD 🚨 TRY MY COMMUNITY FOR FREE: https://t.co/uIhKscH2Ux…
972 Followers 711 FollowingHead - Media Strategy & Biz Dev @LeadLagMedia | Ex @Benzinga @EarthLabs | Featured on @yahoofinance @smartnews @robinhoodapp | Building media that moves markets
8K Followers 131 FollowingReal Estate developer who specializes in retail ground-up / value-add.
Average unlevered IRR (no debt) of ~40%.
Just sharing my thoughts and experiences.
129K Followers 4K FollowingHosting Conversations That Shape History | YOU Decide the Narrative | Citizen Journalist | FOLLOW for REAL NEWS | RECORDED X SPACES IN HIGHLIGHTS
66K Followers 2K FollowingChristian | Global macro research & trading in rates, FX, and equities | Educational primers and dynamic models mapping capital flows(free)⬇️
613K Followers 5 FollowingNew select college-branded Venmo Debit Cards just hit. More perks, more pride. Venmo what you & the crew need for game day & every day. *Terms apply.
45K Followers 97 FollowingThe dankest daily newsletter with 350K+ subscribers covering all things Wall Street & Silicon Valley (and it’s free) // powered by @litcapital
1.2M Followers 518 FollowingHighlighting Politicians' trades so we can invest alongside Goal: get them banned from trading. $800,000,000 invested on @joinautopilot_ so far
9K Followers 1K FollowingSoftware is eating the world, but I’m eating @saltandstraw. My initials were AI before it was cool. Partner @a16z growth fund.
5K Followers 59 FollowingCEO of Level Agency. Using my love for math & comp sci to demystify marketing with data and AI. Sharing insights for fellow journeyers.
1K Followers 52 FollowingTeam of 2 experienced investors with 75+ invested deals and 20+ years experience. Empowering Accredited Investors with informed decisions. @krisrymer @leylakuni
12K Followers 763 FollowingCo-founder: @accreditedLP | Empowering fellow investors and providing unbiased insights. Join over 6,000 subscribers ⬇️ Some (a lot of?) satire
19K Followers 1K FollowingAttorney | Due Diligence and Red Flags | Semiconductors and the Magnificent 7 | Geo-Politics and Technology focusing on China | [email protected]
15K Followers 796 FollowingEducational insights to help maximize your money • I help people navigate inheritances & sudden wealth • Owner @ Rogue Advisors • Tweets ≠ advice
34K Followers 353 FollowingDiversified equity-only asset manager since 1937. Putnam Investments is a Franklin Templeton company. See https://t.co/lpGwlywJZv for more information.
3K Followers 184 FollowingUnbiased and independent information on 401k plans and industry for plan sponsors, retirement professionals, small business owners and plan participants.
27K Followers 2K FollowingThe leading magazine and website for financial advisers. Pensions, investments and more 💰 Sign up at: https://t.co/smuKv5Hspe
21K Followers 387 FollowingAll things retirement from the leading news and data source for endowment, 401(k) and pension execs, along with money managers and investment consultants
61K Followers 818 FollowingDaily institutional investing news from II magazine. Writing the inside story on all things asset management for fifty years and counting.
531K Followers 371 FollowingMerrill Lynch provides timely stats and strategies to help you pursue your financial goals. Follow us to get started. Disclosures: https://t.co/yEFlVugjHu
523K Followers 867 FollowingI run a portfolio of internet companies and host @startupideaspod. CEO: @latecheckoutplz we build companies like @ideabrowser, @meetLCA, @boringmarketer etc
10K Followers 4K FollowingCPA specializing in small businesses & tax planning! Co-Founder of The Collaboration Room; a community of firm owners looking to grow and improve!
212K Followers 99 FollowingFull-Time Futures Trader ES intraday, also swing trade ETFs 2-7 day holds. Fully transparent approach. Posts for my notes only!
110K Followers 8K FollowingSam Parikh - GOAT Options trader - 35+ Years. Outside the box Thinker. Just opinions thoughts, and comments. NOT investment advice.