Buying opportunities!
Cowardism. There seems to be a lot of it going around in this country these days.
this is serving no good function at all.
I get that President trump does not like Bezos, but I realy think his statements are serving no effect purpose except to destroy wealth.
Nowadays any move less than a thousand points is just an “interesting” day. Back when the dow was at 6,000, 700 would have been a big deal.
We are in a trade war NOW! How can you fear something is going to happen when it ALREADY happened?
Hmmm.....Amazon tumbles.....devalued
One wonders about the status of the debt used to purchase the Washington Post? How was it collateralized. Is the collateral still worth any thing?
Looks like the President can take credit for the run up in the Dow and the run down as well.
In fact, Amazon pays the same lower rate that the post office charges other bulk shippers, and it collects sales tax in every state that charges it. Amazon does not collect sales tax on purchases made from third-party vendors.
If that’s actually the case, then open up the books and prove it, AZN!!
Wonder what Dow would be if we remove amazon and the social media platforms such as facebook.
The only ones who will be hurt by this are the geniuses on Wall Street.
Bezos and Zuckerberg are now bearing the brunt for their Anti-American activities. Out domestic enemies are starting to learn that their safe spaces are few and that there are many ways that they can be hurt.
Sink the SOB evil globalist schmuck!!
Trump only wants the US to have an ability to make aluminum and steel.
The EU and China need to understand that the US must be able to have the metallic basis to have an industrial economy and the resulting prosperity.
Shake out because of the transition from wall street to main street economy. They thought cheap money(low interest rates) would stay around forever.
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.
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.
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.
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.