By James Surowiecki February 07, 2024 One undeniable truth about the current stock-market boom is that a big chunk of the market’s rise has been the result of outsized gains in a very small number of stocks, including most notably the so-called Magnificent Seven mega-cap growth companies (Meta, Amazon, Apple, Microsoft, Alphabet, Nvidia, and … Continue reading Repeat after me: It’s not a bubble
Category Archives: Economic Downturns
Tech leaders from Vimeo, Slack, and 776 share insights on staying innovative during an economic downturn
By Grace Carroll March 15, 2023 Days after Silicon Valley Bank’s dramatic collapse, and just one day before Meta slashed another 10,000 employees, Vimeo’s chief product officer Ashraf Alkarmi, 776 partner Cristina Apple Georgoulakis, and Slack senior vice president Rob Seaman talked to Fast Company about the grim economic outlook surrounding Silicon Valley, … Continue reading Tech leaders from Vimeo, Slack, and 776 share insights on staying innovative during an economic downturn
These 7 numbers help explain why the economy feels so weird right now
By Sam Becker January 12, 2023 There was a bit of positive economic news Thursday: The rate of inflation slowed for the sixth-straight month, as the latest Consumer Price Index numbers for December showed that prices increased 6.5% over the past year. That’s down from 7.1% in November, and a significant fall from the … Continue reading These 7 numbers help explain why the economy feels so weird right now
Why economic downturns are the ideal moments to take a risk
By Shirley Romig August 28, 2022 I have uncanny timing in switching industries right before a crisis. Over the past 20 years, I’ve learned that careers are like roller coasters: There will be highs and lows, and none of them are permanent. What shapes how we feel during this crazy ride is … Continue reading Why economic downturns are the ideal moments to take a risk