BoomerVille: Fern Blew in Reversals of Fortune
It's 7:15 PM ET. Dow futures are down 317 points or 0.06%.
CNBC interprets that as:
" ... traders braced for a big week, with key earnings reports and a U.S. monetary policy meeting."
Although earnings from giant players such as from Apple and Microsoft are supposed to be good investor concerns have attached to geopolitical tensions. Up to recently those have been unbundled from world stock markets. But last week began the losing on Wall Street.
In addition, as The Wall Street Journal reports the bloom is off on software stocks. That could be causing a reversal of fortune for some. If you fellow boomers own some of these your future might have taken on a bit of darkness:
"Rocked by the emergence of “vibe coding”—the practice of using AI tools to quickly produce apps and websites—software heavyweights Salesforce CRM -0.02%, Adobe ADBE 0.45% and ServiceNow NOW 3.54% are all down at least 30% since the start of last year."
But having it the worst of all could be your grandchildren reeling from job cutbacks in those niches. They could be labeled The Lost Generations of Software.
In my intuitive coaching/tarot reading I guide those in contracting sectors to think of putting together a fresh start in how they can earn a good living. The world they were so carefully prepared for likely no longer exits. That goes beyond tech to public relations, design, content-creation, marketing, human resources, entertainment and customer service. Four years ago I had to start over.
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