Monday, July 30, 2018

The GAFA Financial Debacle

Stocks of Google-Apple-Facebook-Amazon + Netflix continue their slide, possibly on the way to losing 1/3 or more of their value:

https://www.cnbc.com/2018/07/30/apple-and-fang-could-lose-a-third-of-value-market-watcher-warns.html

It should be noted that investors in these stocks sought mainly to enrich themselves rather than support the health of our economy or the future of our nation.

Our financial markets are SCREWED UP. Someday soon we'll see how bad.

No comments:

Post a Comment