The Causey Consulting Podcast

While you were mistletoe'ing and hopefully enjoying a good holiday, the power brokers were power broking. You think THEY take a break from money in December? 😆 If only.

 Key topics:

✔️ BlackRock out here talking about "a new regime." Not a new economy, a new circumstance, a new challenge. REGIME.
✔️ A lot of corporate fat cats' fingers are going into some important pies. I hope you are paying attention to this.
✔️ The average working class person is going to generate wealth from investing in hit songs and expensive art? On what planet?!?
✔️ Investors are going to hop in and "rebuild" Ukraine? Uh... you mean Зеленский didn't just come to the US to thank us for the taxpayer funds and then ask for more? You mean there might have been more going on? 


Links I discuss in this episode:

https://finance.yahoo.com/news/blackrock-world-largest-asset-manager-223000827.html

https://www.reuters.com/business/media-telecom/att-blackrock-form-commercial-fiber-optic-platform-2022-12-23/

https://money.usnews.com/financial-advisors/articles/all-eyes-on-private-equity-for-long-term-returns

https://www.bisnow.com/national/news/capital-markets/cre-funds-may-be-forced-to-sell-buildings-if-investors-keep-pulling-out-their-capital-116686

https://www.investopedia.com/terms/r/reit.asp

https://survivingtomorrow.org/hyper-elites-are-desperate-for-a-recession-because-they-want-to-buy-your-assets-for-cheap-1e8800f836

https://www.cnbc.com/2022/12/28/zelenskyy-blackrock-ceo-fink-agree-to-coordinate-ukraine-investment.html


Need more? Email me: https://causeyconsultingllc.com/contact-causey/ 

Key topics:

✔️ ICYMI news, 12/19 - 12/23.
✔️ So many shenanigans are going on in the job market. PIPs. Changed metrics. Lower performance scores. Relocate or quit. Keep your head on a swivel!
✔️Whether you're looking at the job market or the housing market, Q4 of 2022 looks a lot different than Q4 of 2021. 
✔️You mean forced groupthink sucks and being on constant surveillance apps is stressful for people? Well no duh!
✔️Are you listening to hot air and hopium or do you feel prepared for whatever is on the horizon? 

https://www.linkedin.com/news/story/dangers-of-too-much-collaboration-5517884/

https://www.cnbc.com/2022/12/22/google-tells-employees-higher-risk-of-low-performance-ratings-in-2023.html

https://www.linkedin.com/news/story/hundreds-of-tyson-workers-to-exit-6119914/

Need more? Email me: https://causeyconsultingllc.com/contact-causey/

Programming note: The podcast will be on hiatus until Tuesday, January 3rd. I hope you all have a wonderful holiday season!

People who say they've never had a project go sideways or never had a client from hell are either lying through their teeth or they haven't done much business. The anagram QTIP, i.e., quit taking it personally, can help us leave the 💩 we sometimes deal with at work, at work. In this episode, I want to talk about not taking it personally as well as the freelancing pitfalls that the toxic optimism and fake positivity crowd ignore.

Links I discuss:

https://caseyzeman.com/7-ways-to-stop-attracting-the-wrong-customer/

https://theempowermentdynamic.com/q-tip-quit-taking-it-personally-2/

https://www.floatoncounseling.com/self-improvement/q-tip-quit-taking-it-personally/

Brian Scott's videos I mention:

https://www.youtube.com/watch?v=QFgkqffZVSM

https://www.youtube.com/watch?v=ZmMAzf6F8a4

Need more? Email me: https://causeyconsultingllc.com/contact-causey/

Asking for a friend. 😇

As we said back in the day: eww, grody.

Marc Benioff of Salesforce sent the following Slack message to employees on 12/16:

How do we increase the productivity of our employees at salesforce? New employees (hired during the pandemic in 2021 & 2022) are especially facing much lower productivity. Is this a reflection of our office policy? Are we not building tribal knowledge with new employees without an office culture? Are our managers not directly addressing productivity with their teams? Are we not investing enough time into our new employees? Do managers focus enough time and energy on onboarding new employees & achieving productivity? is coming as a new employee to salesforce too overwhelming? Asking for a friend. (Im leaving this open ended to get the broadest level of response.) -from CNBC

I sort of expect Maximus Decimus Meridius to pop up from Gladiator and shout, "ARE YOU NOT ENTERTAINED?!"

Is this the beginning stage of the hybrid hell-of-half-measures model transitioning to full on RTO?

Links I discuss in this episode:

https://techcrunch.com/2022/11/30/bret-taylor-steps-down-as-co-chair-and-ceo-of-salesforce/

https://techcrunch.com/2022/12/08/report-indicates-friction-prior-to-bret-taylors-resignation-from-salesforce/?cx_testId=6&cx_testVariant=cx_undefined&cx_artPos=1#cxrecs_s

https://www.cnbc.com/2022/12/16/marc-benioff-says-newer-salesforce-employees-are-less-productive.html

https://doctorow.medium.com/this-inflation-is-different-248b8538371b

Need more? Email me: https://causeyconsultingllc.com/contact-causey/

 Key topics:

✔️ ICYMI news, 12/11 - 12/16.
✔️ Hybrid workers are the most loyal? What goofy пропаганда is this?
✔️Are remote opps dwindling away? Yep. And I have warned you this would happen for quite some time. 
✔️1 in 4 people who took out a govt backed mortgage in 2022 are now underwater? Holy crow!
✔️Lord Elon not paying rent and may back out on severance pay... Wow.


Links I mention in this episode:

https://www.linkedin.com/news/story/stellantis-to-cut-jobs-idle-plant-5507444/

https://www.barrons.com/articles/economy-recession-interest-rates-fed-51670622600?siteid=yhoof2

https://www.linkedin.com/news/story/impromptu-meetings-are-on-the-rise-6106386/

https://www.linkedin.com/news/story/hybrid-workers-are-loyal-workers-6103618/

https://www.linkedin.com/pulse/workers-starting-shelter-place-other-happenings-world-taylor-borden/

https://www.eenews.net/articles/attacks-on-grid-infrastructure-in-4-states-raise-alarm/

https://www.youtube.com/watch?v=qxS7gPvaJH0

https://tinyurl.com/ym9upw7p

https://news.yahoo.com/remote-jobs-disappearing-full-return-120040722.html

https://tinyurl.com/yzhx57mx

https://www.linkedin.com/news/story/latest-layoffs-companies-making-cuts-6109906/

https://tinyurl.com/3k3dn962

https://tinyurl.com/bdemhcpb

https://www.yahoo.com/now/4-benefits-women-demand-workplaces-130100538.html

https://www.linkedin.com/news/story/whos-least-worried-about-layoffs-6121714/

Need more? Email me: https://causeyconsultingllc.com/contact-causey/
Siren courtesy of Pixabay. 

Regardless of the topic, when it comes to the job market, any and all problems will be blamed on working class folks. The power brokers will not blame themselves. They will twist themselves into pretzels trying to find absurd arguments about how average Americans caused this mess. It's sickening.

Links I discuss in this episode:

https://abcnews.go.com/Business/millions-missing-workers-making-job/story?id=94480152

https://fortune.com/2022/12/08/robots-jobs-long-hours-less-pay-new-study/


Need more? Email me: https://causeyconsultingllc.com/contact-causey/

But just as the market can't sustain obscene real estate prices, I don't think the job market will remain so heavily candidate-driven forever either. In the event of a recession, I think we will see the job market change much faster than if we don't have a recession. To return to my 2008 comparison, if you had a job you could even halfway tolerate at that time, you did whatever you had to do to keep it. The fear of being unemployed and having no options was palpable.
-https://causeyconsultingllc.com/2022/04/04/when-the-pendulum-swings/
Published on April 4, 2022

It's like the cliché: history may not repeat, but it sure does rhyme.

We've reached the point where workers looking for fully remote positions is higher than available fully remote positions. The competition for those roles is intense. Hiring managers seem to be increasingly stubborn about demanding RTO. I understand this will sound quite cynical indeed, but: who do you think will ultimately win the battle? Workers beleaguered by layoffs and a recession or Corporate America?

Links I discuss in this episode:

https://www.axios.com/2022/12/04/remote-jobs-linkedin-supply-demand

https://www.washingtonpost.com/business/2022/11/27/remote-jobs-economy/

https://belmontstar.com/a-bear-market-jobs-what-you-need-to-know/

https://causeyconsultingllc.com/2022/07/04/the-great-resistance-may-cost-you/

Need more? Email me: https://causeyconsultingllc.com/contact-causey/

Key topics:

✔️ ICYMI news, 12/5 - 12/9.
✔️ So... people are shoplifting and doing "buy now, pay later" for food, yet we're also supposed to believe that people are still flush with cash. What?!?
✔️Even Jim Cramer is telling people to expect layoffs now. 
✔️More articles of men and Millennials being blamed for the current economic mess.
✔️RH CEO says, "The housing market is collapsing at a level I haven't seen since 2008." Oh but remember the realtors and brokers who assured me we would just NEVER have another 2008.


Links I mention in this episode:

https://www.cnbc.com/2022/12/05/spacex-unveils-starshield-a-military-variation-of-starlink-satellites.html

https://tinyurl.com/34mtcw3e

https://www.youtube.com/watch?v=FcCLAO2PyoY

https://www.linkedin.com/news/story/more-remote-workers-than-work-5073937/

https://www.linkedin.com/news/story/latest-layoffs-companies-making-cuts-5068209/

https://www.linkedin.com/news/story/where-are-we-in-the-labor-cycle-6103522/

https://tinyurl.com/mrxers2c

https://www.washingtonpost.com/business/2022/12/06/pepsico-layoffs-headquarters/

https://www.linkedin.com/news/story/walmart-warns-of-shoplifting-crisis-5510860/

https://www.linkedin.com/news/story/dimon-details-scenario-for-recession-5071889/

https://tinyurl.com/3zashk32

https://www.cnbc.com/2022/12/06/jim-cramer-says-he-expects-many-layoffs-at-companies-after-christmas.html

https://www.linkedin.com/news/story/where-are-all-the-working-aged-men-6104290/

https://www.buzzsprout.com/1125110/11775961

https://tinyurl.com/49r8me9j

https://tinyurl.com/3vk3j8sj

https://www.cnbc.com/2022/12/07/mortgage-demand-falls-again-interest-rates-decline.html

https://finance.yahoo.com/news/rh-ceo-the-housing-market-is-collapsing-133624128.html

Need more? Email me: https://causeyconsultingllc.com/contact-causey/
Siren courtesy of Pixabay. 

👻 Ghosts and bad hiring managers and lack of remote work, oh my.

Allegedly, the job market is still BLAZING HAWT! Yet simultaneously, job seekers are looking for back-up employment, side hustles, and/or part-time jobs. So... what's actually going on? If the job market was really that robust and we still had a so-called labor shortage, then why would people feel nervous and look to hedge their bets? 


Links I discuss in this episode:

https://www.linkedin.com/news/story/us-adds-263k-jobs-more-than-forecast-6093074/

https://www.linkedin.com/news/story/workers-are-seeking-back-up-jobs-6090914/

https://tinyurl.com/2kc2dmhj

https://tinyurl.com/3rt2fyvh

https://www.linkedin.com/pulse/what-danger-ghosting-job-youve-accepted-get-hired-by-linkedin-news/

https://www.linkedin.com/news/story/unconventional-way-to-get-a-raise-5062025/


Need more? Email me: https://causeyconsultingllc.com/contact-causey/

Not content to settle for generational clickbait, now we need to point fingers based on gender. 😒

On November 13th, I published the article, "The poop storm is your fault" because that's where we're at. The fat cats who created this mess are NOT gonna blame themselves. But they and their corporate shills are more than happy to blame others.

According to Mike Rowe's podcast, "It's Worse Than You Think. The workforce participation rate that is.  The number of able-bodied men choosing not to work is a crisis, and Nicholas Eberstadt, Henry Wendt Chair in Political Economy at the American Enterprise Institute, can prove it." This spawned an amusing video Dave Ramsey produced titled, "7 Million American Males Refuse to Go to Work (Here's Why)."

Naturally, we MUST ask the question: is this even true?

Key topics:

✔️ Is it important to try something new and fail? Yes, of course. But using that as a justification for staying in a crappy job that you hate rather than finding a better one seems like a pretty bizarre notion to me. We're getting really close to: "sit down, shut up, and do what you're told, dammit. Now, we're not gonna do that  and we haven't worked for a boss in 20 years, but you had better obey, peon!" 
✔️ Is it accurate that 7 million men (specifically) are not working and are not even looking for work? Well, we can find literally THE SAME story going back to August of 2016. See for yourself! https://finance.yahoo.com/news/why-7-million-american-men-063039864.html  /  https://www.brookings.edu/blog/up-front/2016/08/15/men-not-at-work-why-so-many-men-ages-of-25-to-54-are-not-working/
✔️ So even though this statistic is 5+ years old, we're now seeing it recycled as the cause of the so-called labor shortage. Essentially, the argument is: stop watching TV and playing video games and go to work instead, you 7 million dudes. If you took these jobs, we wouldn't have inflation and we wouldn't have a labor shortage! Never mind The Fed's policies or the printing up of fiat currency like it was candy. Ohhhh noooo. Now we're gonna resurrect an old story and use it for the blame game!


Links I discuss in this episode:

https://podcasts.google.com/feed/aHR0cHM6Ly9hdWRpb2Jvb20uY29tL2NoYW5uZWxzLzUwNjAzMTMucnNz/episode/dGFnOmF1ZGlvYm9vbS5jb20sMjAyMi0xMC0xNzovcG9zdHMvODE3NjM0MA?sa=X&ved=0CAUQkfYCahcKEwj4v9bE4dH7AhUAAAAAHQAAAAAQAQ&hl=en


https://www.youtube.com/watch?v=Sg5CrDj1VC4


Need more? Email me: https://causeyconsultingllc.com/contact-causey/