2 Question Tuesday – 11/15/2022 – Reaction to Tech Layoffs & Will FTX Send Shockwaves Through Other Markets?
Welcome to 2 Question Tuesday. This week’s client submitted questions were:
- What’s your take on all the layoffs in the tech industry?
- Will the FTX collapse send shockwaves through other markets?
In the wake of massive tech industry layoffs at places such as Amazon, Facebook and Twitter, Phil, Mike, and Larry discuss how this will change the tech industry and whether this is a good time to invest in the sector. They then discuss the bankruptcy of cryptocurrency exchange FTX and how it’s demise may cause a liquidity crisis throughout the other financial markets.
Submit your questions to question@2questiontuesday.com
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.