Originally posted by JimRaynor
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What's Going With Major Global Companies and Stock Market?
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Originally posted by JimRaynor View PostThey're on absolute fire, just about a month ago Apple became the first trillion dollar company, a month later and its now worth 1.1 Trillion, that's insane. Amazon is also literally days away from being the second Trillion dollar company. At the start of the summer Amazons stock price per share was about $1600 now it's $2100.
Is the economy that good or is it a bubble.
Beercules -MEGA-
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Growth is in a bubble..
Trade war is crushing the China market, absolute bloodbath in China.
Stateside, The extremely high valuations on growth stocks are going to come crumbling down.
Tesla, Netflix, etc
People are flocking to value, and most importantly yield. Hence why Dow is up and QQQ getting crushed.
It’s the law of big numbers,, growth can kill it when it’s small, but the bigger and bigger it becomes the harder it is to keep growing, and with all these companies trading at sky high valuations and as big as they are, somethings gotta give.
Plus September is always a shyt month..
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Originally posted by Sugar Adam Ali View PostGrowth is in a bubble..
Trade war is crushing the China market, absolute bloodbath in China.
Stateside, The extremely high valuations on growth stocks are going to come crumbling down.
Tesla, Netflix, etc
People are flocking to value, and most importantly yield. Hence why Dow is up and QQQ getting crushed.
It’s the law of big numbers,, growth can kill it when it’s small, but the bigger and bigger it becomes the harder it is to keep growing, and with all these companies trading at sky high valuations and as big as they are, somethings gotta give.
Plus September is always a shyt month..
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Originally posted by siablo14 View PostRed - share a link.
From the failing NY Times about 2 months ago
https://www.nytimes.com/2018/06/28/b...-currency.html
It’s even worse now. Total bloodbath all summer long for the Chinese, while American markets have been hitting all time highs.
Tencent
IQ
Alibaba
$GXC
CQQQ
Etc
Just getting crushed brutally, and really no end in sight.
Chinese have a huge huge corporate/government debt problem, and an economic slowdown will expose the house of cards they have built.
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