Why are record levels of CEO's quitting and selling stock?
Is anybody worried their tech companies are about to be downsizing?
7 comments
IDK. Thom Hartmann keeps harping on a cataclysmic crash MacGuffin to seem like a Nostradamus or sell books, but the period between crashes typically averages 7 years; the US is long overdue but I wonder if the Fed's levers are making whatever or whenever that happens worse. Or MMT-based policies make recessions magically disappear (doubtful).
Oil consumption is down to 2009 levels.
Americans, except billionaires, are poorer than they've been since the turn of the 20th c. This means less disposable income and consumption.
To the Q: I'd need to see a comprehensive table of ex-CEOs of Fortune 2000 and top 500 privately-held companies over the past 15 years or so and their stock events (privately-held if they have any data) to see if there's a pattern.
Oil consumption is down to 2009 levels.
Americans, except billionaires, are poorer than they've been since the turn of the 20th c. This means less disposable income and consumption.
To the Q: I'd need to see a comprehensive table of ex-CEOs of Fortune 2000 and top 500 privately-held companies over the past 15 years or so and their stock events (privately-held if they have any data) to see if there's a pattern.
I think it's just a wave. When a new tech hits, like TVs, transistors, robots, internet, touchphones, there's a wave of startups that come in to capitalize on it. They solve the obvious problems. Another wave comes in solving more niche problems. Eventually most of the gold is extracted from the gold rush and they sell off what they have.
It's not unusual. It sounds more like companies with 30% year on year growth have finally matured into massive companies with 8% year on year growth, and transition from expansion based CEOs to those who are good at managing larger companies.
It's not unusual. It sounds more like companies with 30% year on year growth have finally matured into massive companies with 8% year on year growth, and transition from expansion based CEOs to those who are good at managing larger companies.
Can you gives us some numbers that show that this is actually happening?
Examples?
We just did a round of stimulus by allowing cash to be repatriated and cutting taxes and rates. This stuff really benefited large companies.
The benefits from those types of things aren’t lasting benefits and do not last, it makes sense for people to take gains.
The benefits from those types of things aren’t lasting benefits and do not last, it makes sense for people to take gains.
Trump wasn't lying when he said he was going to drain the swamp, a lot of famous and powerful people are connected to horrifying stuff, there's more info about this out there if you want to find it
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