This is Why the Market Keeps Running Higher (While Shorts Take a Bath)
There hasn't been a real trend in this market, except for the grand Buy the Dip strategy loved by robots of all ages in the post-pivot environment.
Dear Fellow Expat:
It’s Amazon Prime Day…
Remember: Anything you purchase there today will help the e-Commerce giant reduce inventory levels – and associated overhead, of course, all while securing an interest-free loan at the expense of their vendors.
Funny how a shopping “holiday” can have so many microeconomic benefits that boost Big Tech while simultaneously hammering small businesses.
If you can, if it’s even remotely feasible, find the vendor through its website and then buy directly from the vendor.
They’ll get the cash flow immediately – instead of waiting 45 days for Amazon.com (AMZN) to pay them. They’ll be able to put that money toward new production, paying employees, paying (high) rent, and much more.
In a world of anti-competitive practices, Amazon and other Big Box retailer invoice practices are… the worst.
But you know, that’s not all that’s hurting Mom and Pop these days. Let’s look at this chart…
I Found Out Where the Trend Went – It’s Not Pretty
In 2018, famed hedge fun…
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