As Bezos dumps over $3bn of Amazon shares, here’s why you should be worried

There has been talk of Amazon running out of stock…

Delivery times are not what they once were…

I wonder what is going on here???

Did he really need the money or does Jeff Bezos know something???

I believe the US financial market is in an inescapable bubble. The reasoning for this is quite straightforward: the Federal Reserve’s plan to support the financial market wasn’t meant to be long term, and the unpredictability of the economy with the ongoing coronavirus surges across the US is making it difficult to assess the value of financial securities.
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Federal Reserve Chair Jerome H. Powell himself pointed out that “the path forward for the economy is extraordinarily uncertain, and will depend in large part on our success in keeping the virus in check,” and that it will “also depend on policy actions taken at all government levels to provide relief […] for as long as needed.”

www.rt.com/op-ed/497617-jeff-bezos-amazon-shares/

 

 

h/t COVID19