Freight forwarder C.H. Robinson Worldwide (CHRW) is reportedly laying off hundreds of employees. In past market cycles, cutting headcount was cheered by some analysts, as it meant a company was getting lean and mean. Today, I believe that the sacking of people is a sign of sinking demand and a knee-jerk reaction that may not end well.
More from Investing
We now have worries about the Fed raising rates while bonds are acting like the economy is going to slow dramatically.
Let's uncover the Alpha Architect Inflation and Deflation exchange-traded fund.
The shares have recently failed at the underside of the declining 200-day moving average line.
We have a price target for this infrastructure engineering software firm.
This is typical bear market action in which stock picking doesn't matter much, and macro considerations are driving the indexes -- still, I've got a pick.