With the downturn, especially in tech, do you believe there will be layoffs at the big firms? Which sectors are the safest? I’ve heard insurance is very stable in their spending on consulting services as well as energy, but need real world input.

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Right….and 5 days from now it’ll show the worst downturn in the last decade. If you haven’t noticed, the daily swings are dramatic with the overall pattern showing a downturn. I don’t know about you, but my 401k certainly reflects that ….a huge drop and every gain made in the last 3 years was wiped out.

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No

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Edit: sorry that screenshot is wrong…the marker is up much higher than that

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Nobody can provide you “real world input” because this magical “downturn” doesn’t exist in the real world

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Tech is surging. Is this the “downturn” in tech you’re referring to?

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Public sector is the safest one

Portfolio wise, I’m heavy on materials & staple CPGs, and have shied away from finance & tech. My 2c is a bubble is on the horizon for those 2 sectors

Anecdotally my CPG client does well during financial downturn

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