As opposed to a nice reversion?
Somebody’s Watching Me!
Amazing how all of these trend analysis tools only work in hindsight...
so Krugman was right?...just 1.5 years later
several of the most-prominent companies have serious business practices issues and/or are susceptible to being broken up or restricted due to their monopolistic market status
and a couple of them have extremely controversial politically-active bosses...
meaning... at least... that they are quite risky investments
the stock market eventually catches on to risks like these...and discounts the shares accordingly
this does not mean that the rest of the stock market has these issues
I wonder, can we compare this Facebook collapse to the Dutch tulip bulb market collapse?
Thanks Beave Meister. Apple has had five straight days of down, a few of them over a $1 a day drop. And this isn't the first time. And next week, maybe even starting tomoorrow, it'll march back up the same ground, stall, and do it again. Apple's doldrums have been stalling the Dow 30 as well. OTOH, Amazon overtook Alphabet (Google) in market cap, as Google's declined and Amazon has made some gains. There's a small rate hike coming from the Fed, and we're in the crunch period for tax returns, so there's bound to be some turmoil. Around here (and I spoke with a building contractor about this in the late morning) there's been a lot of movement in commercial real estate compared with recent years -- properties that have set unused and shuttered for five years suddenly sell, the old (some of them 10 years old, whoa) structures demolished to make way for some new, basically identical (and annualizable) structure and business. Homeowners around here have been ringing my contractor every minute to schedule for renovation, additions, etc, like crazy. It's the income tax cuts.