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Yet even the biggest recent dip sent S&P 500 to levels of say July 2017 when all was super rosy. That doesn't represent the whole market of course but markets n
by saiya-jin 7y ago
Yet even the biggest recent dip sent S&P 500 to levels of say July 2017 when all was super rosy. That doesn't represent the whole market of course but markets now don't really reflect the situation very well.
You can't have a scenario when most folks go into super-saving mode and companies like Amazon or Google maintain their profits. Who the heck would advertise with Google for same prices? I already abandoned non-nencessary shopping (basically food & fuel) for at least few months, Amazon will have to feel this too.
- tathougies 7y agoAmazon is making bank on delivery and whole foods. They likely have more business than ever, and are increasing their prices (as they should, they're providing a vital service!).