Part 11/15:
The global economy appears to be undergoing a synchronized correction—where the idea of sustained growth has been replaced by stagnation and contraction, driven by the same fundamental shifts in hiring practices and supply-demand imbalances that affected Amazon and other large firms.
The Illusion of a Recovery and the Reality of Contraction
Historically, stock markets have been mistaken for indicators of economic health, but in reality, they often reflect speculative sentiment rather than fundamentals. The recent upward momentum in stocks contrasts sharply with deteriorating consumer confidence and employment data.