Semiconductor companies are just a leading indicator of the general health of the tech industry, followed by companies to depend heavily on making hardware. Over the next 6 months, we'll see a tech correction...Look around at the movers and shakers in the tech worked. Semiconductor got hit first. Just about every semi company got hit, including Intel. Now, apple is getting hit, samsung is getting hit. Social media is getting hit (Twitter, Yelp, FB, LinkedIn)...The wheels are starting to fall off. Will it really matter if you relocate to the Bay Area or not, once the wheels do fall off? What if you relocate, and the wheels do fall off. Great, now you're unemployed and have to pay a lot to rent while you are unemployed...Lol.
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Apple already corrected by 18% or so
With tech bubble correction houses in sv would correct as well
Fed liftoff = trouble for banks and even less chance sovereign debt can be repaid. There won't be any data for "data driven" fed to say it's time to normalize rates. Data will juuuuust be soft enough to keep the charade going. Zirp is dead. Long live zirp. Plenty of time to get to 200% debt to GDP in US. As previously post says, we are becoming Japan
Japan is trying to raise rates for about 20 years now (Zero interest-rate policy (ZIRP)). The rates are still close to zero - current BOJ rate is at 0.1000%. Anyhow, every time they start to talk about raising them they hit a mini recession and things slow down to a crawl. We are kind of going down the same path - the Fed's been talking about raising rates since 2011, and why in the world are they still at historic low? Because every time they raise the subject, the employers stop hiring, people cut inventories and our GDP growth goes back into red. Good luck with your prediction that the rates will go up, it will simply not happen before we have some real economic growth and it'll be a decade or two before the fundamentals set the ground for that. I am 66 and I really do not have a horse in this race, I am set and and taken care off with ultraconservative investment approach. My suggestion here, consider being very careful before making bets on any FED rate raises in short to medium term.
might be another economic recession
Uber and AirBnb will save us. San Fran Sharing Economy everywhere, valuations to da moon. Child Labor...shared! Toilets....shared! Tent cities on beach...shared! Avocado toast....wait a minute. Get yer hands off my avocado toast! That cost me $11. I will not share avocado toast.
"Heard it here first". Get over yourself, dude.
everyone is entitled to their own opinion...lol
It's not going to be bad just at the Q. Beginning in 2016, I think we'll see it bad in tech in general. Apple and Google are next.
...And once the Fed does raise interest rates.. This nice equity bubble we have in the tech industry will get hammered. Because unlike real estate, which mortgage rising rates might have a long, drawn out affect on home prices over years(decades) (because mortgage rates aren't directly pinned to the Fed rates).....rising fed rates will definitely have an impact on the stock market quickly. And that in terms will impact all tech worker's compensation packages all over the place, including bay area....Personally, when the tech bubble bursts, I wouldn't want to be living where the majority of the industry is tech. Because you'll have a lot of unemployed people competing for the same jobs.