5 Aspects For Amazon Shares:
There are two distinct aspects facing Amazon's Q4 guidance that I contend the market isn't paying attention to.
Amazon's International business will wither. As consumers struggle with heating their homes and high food prices, discretionary items will be cut back to the bone.
Secondly, what nobody is focusing on is that Amazon as a global enterprise is going to get hit hard by currency changes.
Currency hasn't been a headwind for tech companies generally. But now we are entering a new period. For investors, this isn't a problem, until it's a problem.
Investors shouldn't price anchor to the past. Instead, we should look ahead to what's coming in Amazon's Q4 guidance
Amazon, Amazon (AMZN) and Amazing 🚀✅🔥
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