How business people run companies: Fire all the competent people and replace with cheaper new hires. Report huge short term profits due to reduced payroll. Stock goes up. CEO ditches company and sells off stock before all the new hires completely wreak the company and tank the stock price.
Why wouldn’t the stock market be up at this point?
Trump: “I’ll run the USA like a company!”
How business people run companies: Fire all the competent people and replace with cheaper new hires. Report huge short term profits due to reduced payroll. Stock goes up. CEO ditches company and sells off stock before all the new hires completely wreak the company and tank the stock price.
Why wouldn’t the stock market be up at this point?