"Now go home and get your ........ shinebox!"
Posted on 04/02/2018 11:39:59 AM PDT by SeekAndFind
Indeed. High speed computer trading should be reigned in. A fraction of a cent per trade tax would do it.
What’s good for Wall Street is not ALWAYS good for the USA.
That’s basically the #1 economic lesson of the past 30 years.
The odds are a bit better.
Don’t agree with you about everything, but by definition stocks are a gamble.
My late grandfather was an Old Lutheran. Stocks were the same as gambling and forbidden.
However, the old guy could play the commodities like a master (old farmer). Asked him once what the difference was, and after he calmed down he said “because I HAVE the beans and corn to sell, not just a piece of paper!”.
It is what it is. Blaming the victim is fruitless, and not really fair, when it comes to that.
oh sure, blame Amazon drop on Trump. We must ignore the real news:
Aug 2017: “FURIOUS MPs last night urged Brits to BOYCOTT Amazon after its UK delivery business paid just £7.4 million in tax - despite sales of £1.4 BILLION.” The Sun
Oct 2017: Europe hits Amazon with tax bill of nearly $300 million..after finding that it benefited from an illegal tax arrangement with Luxembourg.
http://money.cnn.com/2017/10/04/news/amazon-eu-tax-luxembourg/index.html
Feb 2018: Amazon Inc. Paid Zero in Federal Taxes in 2017, Gets $789 Million Windfall from New Tax Law
https://itep.org/amazon-inc-paid-zero-in-federal-taxes-in-2017-gets-789-million-windfall-from-new-tax-law/
Bah. The “Trade War!” meme is Fake News.
Tech stocks are now competing with Chinese products- on an unbalanced playing field. “Trade War!” is actually good for them. But a lot of other factors aren’t.
Marxism is the new capitalism.
The stock market is a casino. Get used to it. You are gambling when you play with stocks.
And, other bulk rate shippers don’t typically deliver on Sunday, do they?
We see USPS trucks flying down our neighborhood streets, here, there and everywhere, all day, on Sundays.
I would love to how much overtime, or time and a half, these USPS drivers are getting for their Sunday pay.
RE: What’s good for Wall Street is not ALWAYS good for the USA.
Given that a huge number of working Americans have their pensions, IRA’s and 401K’s in the stock market, I’m not sure if the above statement is true.
considering that Amazon is still way up for the year, and way, way up for the last year. it could still fall another 25%-50% and be overvalued.
I wonder right now if Jeff Bexos is looking over at that “crown jewel” of his empire, the Washington Post, and asking himself if those zillion and one “Trump Sucks” stories were worth it?
I would re-think things if I were him and perhaps tell the WaPo that fake news doesn’t drive the stock price.
Just remember this folks...Wall Street and the economy are really not connected, they are only hooked up when it is convenient for the Wall Street elites. I love Lou Dobbs and Stuart Varney, ....but, listening to Neil Cavuto and that “not-too-bright” Charlie “Dummie” Gasperino babble all day long about the retards they label as important is beyond what a normal person can stand. Me...I could care less about the stock market...they support themselves...not our great country.
Amazon does collect sales tax.
Grab a CNN Reporter, Pee in the Ocean at Low Tide then at High Tide point and say SEE!
“Global Warming” or “Trade War” or “Trump is an Idiot” or “Hillary is a Saint” or whatever new “LIE” MSM comes up with ... (rinse and repeat)
Amazon has a P/E ration of 89 they should be in trouble. That is a ridiculous P/E.
The entire tech sector is overvalued. If people are selling off Amazon out of fear they should thank Trump for knocking some sense in to their heads
There is an old saying in the stock market: You can’t lose money by selling at a profit.
Eventually this bubble will burst. Get out while you can. If you get out early so what? You got out with a profit and that is a good thing.
Actually, no.
I just dollar-cost average into a DJIA fund. Only thing ‘sure’ in the long run.
I just inherently dislike volatility nor do I think personal vendettas a good thing in politics.
I will worry about it when the Shoeshine boy starts giving me Stock Advice
"Now go home and get your ........ shinebox!"
What does that mean? Bezos did it himself. He created his own wealth and has succeed. He's provide many opportunities for workers all over this country.
He pays taxes, and it's up to the USPS to have better contracts. That's not the fault of amazon.
There is plenty of venom to spew around. We could start on how trump has ran his businesses if you want.
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