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Reasons for Layoffs in the Current Environment

OfficeHours

According to CBS News, excluding January 2023, the January layoffs in 2024 represent the highest number of job cuts announced in the first month of January since 2009. Economic Downturns While this reason may seem obvious at first, economic downturns are actually extremely nuanced. At the time, the U.S.

Finance 130
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03-06-2024 Newsletter: Reasons for Layoffs in the Current Environment

OfficeHours

According to CBS News, excluding January 2023, the January layoffs in 2024 represent the highest number of job cuts announced in the first month of January since 2009. Economic Downturns While this reason may seem obvious at first, economic downturns are actually extremely nuanced. At the time, the U.S.

Finance 130
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What is a Business Cycle? Expansion, Peak, Contraction, and Trough

Peak Frameworks

It forms the core of economic forecasting and is central to all aspects of financial decision-making. This is a period of economic growth, characterized by increased production, rising employment, and heightened consumer confidence. This is the point where economic activity has reached its maximum output.

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Helicopter Money – How It May Save the Insurance Brokerage Business (and the Rest of the Economy)

Sica Fletcher

Some of the economic predictions regarding the economic impact of the coronavirus on the economy and GDP are quite dire. To give you some perspective on how draconian these numbers are, during the Great Recession of 2008/2009, GDP dropped by 4.3%; during the Great Depression, GDP dropped by about 30%. Louis, predicts the U.S.

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How the Growth of Private Credit is Impacting Private Equity

OfficeHours

The growth of private credit can be traced back to the Great Financial Crisis of 2008-2009. Economics is generated by the fees, principal, and interest payments made by the borrower rather than the commitment fees earned by the banks.

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European Stability Mechanism

Wall Street Mojo

The European Stability Mechanism Board (ESM) operates as a financial backstop intergovernmental institution established in 2012 to combat the European sovereign debt crisis of 2009-2011 in euro member states. It has two types: PCCL for economically strong nations and Enhanced Conditions Credit Line (ECCL) for those not meeting PCCL criteria.

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Deal Diary: TPG Turns to Weil on Angelo Gordon Deal

The Deal

Eisenberg and Parness also worked with TPG Global on a 2020 deal in which TPG and Sixth Street Partners became independent businesses, with TPG retaining a passive minority economic stake in Sixth Street, a New York investment firm formed as TPG’s credit investing platform in 2009.

M&A 52