4 ms·
Amazon is propping up the major stock market indices [0]. While Amazon's services and hiring are playing a role in stabilizing the economy, it can't do it alone
by lend000 7y ago
Amazon is propping up the major stock market indices [0]. While Amazon's services and hiring are playing a role in stabilizing the economy, it can't do it alone and its outsized impact on stock indices is misleading as a general economic health indicator.
[0] https://www.tradingview.com/chart/SPX/JNwcmXqj-S-P-with-and-without-AMAZON-What-do-you-make-of-this/ https://www.tradingview.com/chart/SPX/JNwcmXqj-S-P-with-and-...