2001 3

Layoff calculations

I did some quick layoff calculations. It appears that Layoffs have been increasing over time The dominant reason for layoffs is cost-cutting E-Commerce companies have laid off the most If the NASDAQ or S&P 500 fall, layoffs increase If the Dow Jones falls, layoffs fall !

NASDAQ in Bangalore

Nasdaq will open in Bangalore.

Fed lowers interest rates

The Fed lowers interest rates! Certainly hadn’t expected it till the end of the month. Obviously, since this is the first time they changed rates in-between policy meetings. The market was caught short too. Anyway, the NASDAQ has shot up. IT stocks in India are following.