Reply in comments. Do you all think we ever getting the bull run again? 😔

Look on the bright side the housing market or the stock bubble did not collapse and all of us(well ~75%) still have our bit inflated salaries. If shit went south half of us would have lost jobs and it would take 2 years to recover from the depression Now we just have to deal with middle class crippling inflation and slow job market for 1-2 more years 🥲

We’ll 100% see another bull run. It’s just a question of when. Hopefully sooner rather than later, only a bull run can fix me…

Pessimists sound smart, optimists make money 💰 talented folks who know how to bring impact to the table will continue to find great opportunities. Same with freshers who dont mind a few grind years.

Bull runs and depressions are cyclical. each big crisis has followed up with a big bull run in general. and vice versa. However this time it feels different. the 90-2020 era in the world was broadly the safest ever in human history. Historic global growth, and fewer global conflicts (at least for the developed world) all helped. It seems to be unravelling. 1. China delinking: the economic system of the world seems to be changing throwing both China and everybody else into uncertainty and chaos. 2. Actual war in Europe 3. The US itself seems looming into one crisis after another. 4. AI throws another twister into employment. 5. Even the Indian govt. has a Jekyll and Hide character. One moment they celebrate startups, next they throw up retrospective taxes and bans. Businesses need stability and consistency. right now political judicial and executive uncertainty rules across the world. The next 3-4 years seem tough and unlikely to see the same employment levels as before.

🥲🥲🥲🥲

The past phase of easy money is not coming back. Nobody is (I hope) foolish enough to pump money for growth at all costs all over again. There is a lot of dry powder sitting to be deployed. It won't be deployed on random businesses which have no clarity of purpose or sound business models. The fantasy world and euphoria of rosy returns which existed on the back of cheap capital is unfortunately behind us.

That’s a poor hypothesis IMHO. Nobody can predict the future. At the same time, we can see the leading indicators. Some of those are - 1. Macro environment in India : From public to private markets, everyone is sitting on dry powder ready to be deployed. Some healthy exits in PayTM, Zomato, PBF has given visibility to PEs on opportunities. Trickle down factors will definitely help here. You should read more on JP Morgan bond index inclusions & FPIs investments. 2. Infrastructure expenditures : With all these public infra building, things will change. Again, a huge impetus to money flow to people and things will change. 3. Manufacturing boost : We know how likes of Apple are scaling the domestic manufacturing. In absolute terms, we are still one of the cheapest workforce in the tech world. Cost arbitration will never go away.

Imo, there will be a stagnation. Countries like India and Indonesia are showing growth potential but the heavy weights China and Europe are not doing so great (China's growth rate is still ~4%). I feel there'll be stagnation for sometime (maybe a decade). But again, I am not an economist or an astrologer 🤷‍♂️

Did he share why?

India will witness a mini bull run phase like 03-08. It could stretch out to be a decade long event, but I prefer to be conservative mainly because of slowing global growth as the new normal. It takes a lot to be growing in near double digits against a globally slower base case scenario. Tech may not necessarily see the wage inflation witnessed previously since that came on the backdrop of ZIRP. If the interest rates remain high in the West, our best case scenario is to export deflation to the west.

Okay. I have my whole career start between the years, and 2015-2021 are hugely rollercoaster. 2022 did the flip for me though

Somewhere in my archives i should have a screenshot where 3 recruiters from amazon approached me on same day. Got calls from microsoft, google and what not. Couldn’t clear though. Nah I don’t think am getting that kind of phase again in my life.

I personally do think that we’ll see more bulls and bears, but I seriously doubt whether ostentatious job offers for job hoppers are coming back. As a sales person I do get in-mails from recruiters in larger startups. But I’m a bit skeptical about those since these guys are always hiring and laying off 🤷🏼‍♂️. Some companies exist only because of funding, most of them cater to other startups so when there’s a funding crunch companies will cancel all good to have software tools. I think the startups catering to other companies, ie the traditional sectors or other stable conpanies will prolly have steady revenue. But I do see on pattern amongst friends, the smart or the ones who are a bit serious about their job are getting good offers and landing in good places. While ones who are not so serious are in neck deep shit and are struggling to land an offer after a layoff. As most of them are just switching jobs and the previous job may not be relevant for the new role. I think if one is mindful and has some clarity about the job they’re doing or has reasons for switching or applying for a role, I think such people will prolly be okay in economic downturns too. Ps: Just typed in all the thoughts that came in when I saw this post.

Don't trust anyone Anyone

Bull run or not. One thing is for sure, we might never get the same salaries like before.💔 Currently, no company is ready to give a good hike, no matter how good the company is. Don’t think it’s going to end anytime soon.🥹

No one can predict future, it’s all demand vs supply. If demand is high and supply of candidates are less then clearly we will see bull run. Keep improving your skill and be relevant in the market

In some cases, companies are replacing people that they hired in the last 2 years for astronomical salaries(and gave them amazing hikes on top every yr) because there are better candidates out there available for less right now 😂

Nobody knows what they're talking about. Don't worry about it.

When bull market comes we will still behave stupid in mass and the cycle would continue.

There’s definitely a hike in Product Design openings for mid senior to senior roles