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I will probably get down voted but I think it's because we are in for a big downturn this year. Amazon is preparing for that and they will garner more market tr
by 20years 10y ago
I will probably get down voted but I think it's because we are in for a big downturn this year. Amazon is preparing for that and they will garner more market trust because they can show profits. When the bust happens, people are going to be very careful on what stocks they invest in and will most likely lean towards safer, profitable companies.
- nedwin 10y agoAre you saying Amazon have built a tool to time the market?
- 20years 10y agoNo of course not. The writing is on the wall. Amazon is just being very smart about it. This is a smart move imo.
- RandomBacon 10y agoIf Target can figure out that someone is pregnant based off of buying unscented lotion, mineral supplements, and cotton balls, then Amazon could easily gauge the financial health of its consumers. Perhaps they noticed a trend leading up to the last recession, and its occurring again. Whether or not it's true, it's certainly not outside the realm of possibility.