The recession theme is picking up. Salesforce is reducing their workforce by 10% on slow demand and the fact that they think we’re walking into a recession.
But at the same time, as I said yesterday, we’ve got other pressures, like wage-driven inflation.
In other news, our MSFT pick from 2 weeks ago came close to its target. I say take those profits and close out that position right now.
► For today’s FREE pick, I’d like you to buy DVN.
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