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...

To Read the Full Story, Subscribe or

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.

2024

    2023

    2022

    2021

    2020

    2019

    2018

    2017

    2016

    2015

    Insurance Review

     

    Book An Appointment

    Contact Detail

    Michael MacDonald Financial
    2300 Contra Costa Blvd Suite 175
    Pleasant Hill, CA 94523

    mikemac@thefinancialadvisor.org
    thefinancialadvisor.org
    Phone: 925-521-0110

    Follow Us