'Good times' abruptly coming to an end

Job losses and poor data = no bueno

The last month or two has been flush with big tech job losses and relatively poor economic data. Continue to put those 2 together and it really is a case of no bueno.

Spotify has cut about 6% of its jobs, Google 12,000, Amazon circa 18,000 and many more such as Sophos et al have cut their jobs as well. More will undoubtedly come too.

Could it simply be th…