National Aerospace Solutions (NAS) is laying off 1,700 employees in Tennessee

#MacroEdge

The Bank of Japan has performed an emergency Yen intervention

E-commerce giant Radial is laying off 10% of its workforce, or around 700 people

Who’s ready for labor market season? #MacroEdge

DoorDash plummets on weak earnings amid a sharp slowdown in consumer orders & higher input costs for 1099 workers

You mean people don’t want $97 Chipotle delivered by a random?

3,873 job cuts on the 1st day in May #MacroEdge

Never celebrate too early, young man! You’re better off at a casino.

Powell is not the savior you’re looking for… respect the lag.

Find Jesus if you need a new savior.

#MacroEdge

The changes to the Fed Minutes take an emphatically hawkish tone from the start, acknowledging the recent increase in inflation. Even the changes to the 2nd paragraph hint that in the last few months things haven't gone well for the inflation fight.

Then they go ahead and do a…

The Federal Reserve leaves rates unchanged, as expected

Crystal City Mall will close resulting in around 500 job cuts for workers at remaining tenants

Respect the lag?

The Marriott Tacoma has been added to the default watchlist #MacroEdgeCRE

Barclays has initiated a £2 billion cost cutting drive that will result in hundreds of immediate layoffs, with the potential of thousands more in the next year #MacroEdge

Tesla has begun exiting supercharger locations amid a massive cost cutting effort initiated from the top down of the org

#MacroEdge

The Christmas Day like anticipation of the FOMCs is a byproduct of the markets being turned into a complete casino - filled to the brim with gamblers looking to make quick riches.

Sam Ash, a large music store chain, is preparing to shut down all of its stores unless a buyer is found.

#MacroEdge