I think the APM business pattern is:
Good economy = low unemployment rate = low demand for APM
Poor economy = high unemployment rate = high demand for APM
My experience in the industry (consultancy) is that there have been fewer oncoming projects in the last 6 months and the all big four laid off a small amount of people in the last month. I don't feel so 'hot' this summer. I would expect something even worse in 2024.
Of course, I can be wrong and I cannot speak of other industries. The current market is very optimistic on the future economic / rate cutting - many expect no landing (soft or hard) in the next year. The US market is on 'Extreme Greedy' now. I think this is what has been priced in, resulting in low P/E and low growth expectation.
Let's see....
And thanks for the SimpleWallSt webpage. Just looked into it . Seems more overall positive rating on APM (dividend stock) than LTR (growth stock). Admittedly the growth forecast is much higher for LTR than APM. Lithium price shall be bottomed and rebounded when looking at BK2552
I think the APM business pattern is:Good economy = low...
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