We are set for a very rocky H2. The 2022 reminds me of 2008. I worked at a large multinational back then. I recall we had a full-day off-site event around October. Everyone from our office, 300 people, attended... except the HR. They all stayed in the office and just kept printing the job termination agreements for a good part of the day. The next morning they started inviting people by batch into a large conference room, explained to them that due to severe economic conditions their jobs no longer existed, asking the folks to sign their exit papers, and proceeded to the next batch.
I was on the lucky side. A few weeks earlier I was the last hire before the hiring freeze, and went for a 3-week training in Scotland shortly after :)
The H2'22 will hit the markets a lot harder than the 2008. The Stocks and Treasuries are going to crash together, leaving no safe exit ground for any investor. The market will bounce of course, some time after, but don't expect it until early 2023.
I was on the lucky side. A few weeks earlier I was the last hire before the hiring freeze, and went for a 3-week training in Scotland shortly after :)
The H2'22 will hit the markets a lot harder than the 2008. The Stocks and Treasuries are going to crash together, leaving no safe exit ground for any investor. The market will bounce of course, some time after, but don't expect it until early 2023.
