Key topics:
✔️ ICYMI news, 7/31 - 8/5.
✔️ Apparently, August 2nd was the day we were allowed to know that more people are relying on credit cards and debt is crazy-high. But hey: remember when we were constantly told that people are doing great and have plenty in savings!
✔️ Some companies learned nothing from The Great Resignation.
✔️ 3.5% unemployment rate! Wowee!
Links I mention in this episode:
https://www.cnbc.com/2022/07/31/cramer-dont-get-fooled-by-the-bears-sometimes-good-news-is-actually-good.html
https://app.hedgeye.com/insights/70141-remember-this-jim-cramer-bear-stearns-is-fine-do-not-take-your-mon
https://www.youtube.com/watch?v=g1g0zJRncIk
https://finance.yahoo.com/news/google-chief-warns-bloated-staff-151416718.html
https://www.nytimes.com/2022/08/01/business/return-to-office-battles.html
https://www.forbes.com/sites/maggiemcgrath/2021/08/25/exclusive-telehealth-startup-calibrate-notches-a-100-million-series-b-from-founders-fund-and-tiger-global/?sh=629c54aa3732
https://www.businessinsider.com/calibrate-mass-layoffs-zoom-call-healthcare-isabelle-kenyon-restructure-jobs-2022-7
https://www.cnbc.com/2022/08/02/4point2-million-people-quit-in-june-despite-recession-worries.html
https://www.cnbc.com/2022/08/03/these-charts-show-why-we-may-not-be-in-a-recession.html
https://www.efinancialcareers.com/news/2022/06/coinbase-layoffs
https://www.bloomberg.com/news/articles/2022-03-29/blackrock-s-kapito-says-scarcity-inflation-is-driving-economy
https://www.marketwatch.com/story/why-an-arkansas-town-could-provide-a-grim-road-map-for-america-if-car-repos-blow-up-11659549234?siteid=yhoof2
https://www.youtube.com/watch?v=qOfkpu6749w
https://www.bls.gov/news.release/pdf/empsit.pdf
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