but.. but... but... theres only one amzn
theres ZILLIONS burger places and more coming
you mean burgers ARE tulips? but remember we might have chicken too.
dont worry be happy, in negative gdp growth we have nowhere to go but up!
it doesnt really matter, the problem actually might be if the economy slides into negative then what? how much "play" does the fed have with "zero" rates...........anyway dont worry be happy our politicians will be there to help us out. maybe more free houses?
Last year as this economy was projected to grow at 3, 4 percent, there were a couple voices accurately predicted quarterly declines, But we were going to inflation according to the majority, not so according to those proven correct. .. now that we are at 0.2 and companies rush for legal advice as to how to leave USA for currency favorability (pricy dollars) and taxation advantages, merge or acquire, it appears that the fed is ok with sayonara USA based companies, dollars can strengthen further and "rates normalized?" last I heard the USA was yet a capitalist country, but rip van winkle might disagree, after a long long sleep it appears government is now in firm control, spending, taxing, more and more dependency....this soon may hit the fan as yet government cannot dictate where cash goes.
those who sold last week saw the light there is no way it will recover, look this economy is growing at .02 percent? bond rates are rising, the dollar is getting stronger clocking business further, more companies wish to relocate overseas and last week this stock was being pumped.. it is sell market and buy asia after the coming corrections.
you cant take risks in economy growing 1 percent or less.. even gambling took a hit today........mergers and acquisitions have value, dis is a keeper, kids and movies and merchandise and parks...
when all the believers are in and scared they hype more and more,,,,,,but the PRICE didnt reflect the hype, I sold taking a loss last week, it was acting like ****
they tried to hold price last week, when you hear how terrific prospects are then stock doesnt hit nh, but goes lower, its time to sell. tech has topped.
its resistance til its not resistance..... thing is you had nytimes finance person saying real growth is needed but has no suggestion (maybe far lower tax rates?) then L Hunt former fed now in bond strategies saying that long term rates will DROP! not just europe in negative yield...theres this pesky declining gdp number, no inflation, no growth..
will all this cash exiting a no growth economy floating around looking for a company with actual growth prospects, cash will come here.
this is not a "garbage" stock, it is company with intentions of making human survivability far more positive through medical/drug intervention.. if it were not for capitalism making investment cash available for drug development such treatments would never be "discovered" these companies investments in potential successful outcomes are huge, the failure rate of prospective treatments has caused many a company to collapse. biogen is survivor and intends to continue drug discovery...when trials prove successful shareholders share in the success as well as the people/families affected....the risks are known, but also a chart tracing biogen from its inception to present day...note.........politicans are far riskier regarding "drug discovery" in markets.
there were other indications, the bearish trend has been apparent in economic numbers 'for some time now...todays economic durable numbers were bearish, but for prices to rise the market needs to see some economic beef........with the possibility the market might have no economic clothes, investors piled into biotechs but these are very richly valued........this may be a rip van winkle economy, or a sleeping beauty one............. wake investors when its all over..........hopefully less than 20 years.
i kind of like this game of old time"chicken"....First, this economy is flat out stagnant......... The question should be asked is "what are positive expectations for the future? do middle class earners feel insecure that in their retirement health care (rationed care or severely limited doctors) is not THE FUTURE for them? do corporations and businesses look positively on their shrinking opportunities for growth, with currency competitiveness lowering earnings (and therefore future planning?) What are the ramifications of USA companies looking to move "out of country" and refusing to bring out of country cash back home? and, since investment cash is fungible (moving worldwide these days) do these reflect on USA economic future? There were a very few called the GDP correctly and those projections were negative and not often seen.....Reasons given are weather etc related but with dramatically reduced energy/materials prices and continuing projected declines, IF the fed raises rates and then bond rates fall in response, this ultimately shows where the rubber meets the road regarding inflation, growth and prosperity.