Inflation is bad
Still, this might not be enough to save Amazon stock, at least for the interim. As powerful as the company is, it appears to be no match for the Federal Reserve.
Inflation and the Uphill Battle for AMZN Stock
You don’t need to be an economist to recognize that something is very wrong: A quick trip to the gasoline station will tell you that immediately. On a personal level, I almost spent a Benjamin filling up my tank — a first by a country mile.
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