Ironically, Amazon Profits By Perpetuating Stock Bubble Myth

Published Friday, February 12, 2021 at: 8:02 PM EST

With fears of a stock market bubble spreading, sweatshirts and tee shirts on Amazon Prime depict Federal Reserve chairman Jerome Powell in priestly garb holding a book proclaiming the “recession cancelled” and “stocks only go up.” Fashionable perhaps with the crowd on the r/WallStreetBets Reddit thread where it surfaced, the clothes, ironically, do not fit in with financial reality. This table shows different measurements of the “bubbleness” of the largest 10 companies in the Standard & Poor’s 500, ranked by market capitalization. (Market-cap is the number of shares of a company available to be purchased by the public multiplied by the...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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