ZI ZIP ZipRecruiter, Inc. Loading... : Bullish and Bearish Analyst Opinions

The author reflects on past short positions in CHGG, ZIP, and THCH that had squeeze potential, warning against doubling down on shorts in a favorable environment.

Short the basket of Australian equities as macro headwinds (low productivity, high inflation, rate hikes, fuel shortages) pressure an already overvalued market.

The author is shorting Australian stocks due to macroeconomic headwinds including high inflation, low productivity, and fuel shortages.

"Hiring of 22 to 25 year olds into AI exposed jobs has dropped 14% since ChatGPT launched. So companies are not firing people, they're just not hiring the next ones." This is a structural headwind for the staffing and recruitment industry. If the "entry-level" rung of the corporate ladder is being automated away, volume for recruiters (Robert Half) and job boards (ZipRecruiter) will permanently compress. SHORT/AVOID Human Capital firms exposed to white-collar entry-level placement. A sudden economic boom could force companies to hire regardless of AI efficiencies, squeezing shorts.