I am surprised to see it drop, I don't see a reason for it to. You have upcoming wall, new regulations, and a pending war. Seems Strange.It crossed my mind but not something on my radar at the moment. US Steel ($X) dropped 27 percent yesterday. You could consider that a buying opportunity perhaps. Pretty volatile to say the least. You can make money that way but you can also get hurt.
I believe I heard that if Amazon's stock goes to $1050/share, Bezos becomes the richest man in the world. Crazy.
While I do not doubt that a continued rise would trigger this, a $50 rise per share probably won't be that fast. I guess with these inflated prices maybe people figure $50 doesn't sound like a lot. Amazon hasn't done a split since 1999, hence me calling it an "inflated" priceI believe I heard that if Amazon's stock goes to $1050/share, Bezos becomes the richest man in the world. Crazy.
Normally I would agree but with high growth stocks like that or Alphabet (google) it doesn't take too much. Traditional valuation seems like it gets thrown out the window when it comes to Amazon.While I do not doubt that a continued rise would trigger this, a $50 rise per share probably won't be that fast. I guess with these inflated prices maybe people figure $50 doesn't sound like a lot. Amazon hasn't done a split since 1999, hence me calling it an "inflated" price
Legendary investor Jim Rogers sat down with Business Insider CEO Henry Blodget on this week's episode of The Bottom Line. Rogers predicts a market crash in the next few years. One that he says will rival anything he has seen in his lifetime.
global central banks are the real “plunge protection team”Have you ever wondered why stocks just seem to keep going up no matter what happens? For years, financial markets have been behaving in ways that seem to defy any rational explanation, but once you understand the role that central banks have been playing everything begins to make sense. In the aftermath of the great financial crisis of 2008, global central banks began to buy stocks, bonds and other financial assets in very large quantities and they haven’t stopped since. In fact, as you will see below, global central banks are on pace to buy 3.6 trillion dollars worth of stocks and bonds this year alone.