Thread regarding Citigroup Inc. / Citibank / Citi layoffs

CFO's expect a hard landing

Let see what anonymous poster says, what does this link have to do with Citi? Like you don't remember Citi in 2008?

https://www.cnbc.com/2022/12/28/dow-headed-below-30000-slim-chance-of-soft-landing-for-economy-cfos.html

https://www.nytimes.com/2018/08/06/books/review/james-freeman-vern-mckinley-borrowed-time.html

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Post ID: @OP+1kuVOX04

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“The FED wants to see a sustained poor job market (layoffs\unemployment) which is an indicator that the dollar is weaker and people are saving more. All of which is an indication that we are in a recession.”—-This is a quote from a FED official. So, yeah, a hard landing lasting for a while is on the horizon.

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Post ID: @4kho+1kuVOX04

I don’t think, and I’m guessing, that things will be as bad as the 2008 debacle but it will be bad to say the least.

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Post ID: @2vxt+1kuVOX04

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