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Amazon Is Now Worth More Than The The Top 30 Companies In Germany

Is This Sustainable?

Photo by Oliver Sjöström on Unsplash

To illustrate the narrowness of leadership of the S&P’s advance in recent years, just one component of the FAANG stocks, Amazon, has a market cap greater than the entire German DAX 30 index!

We contend that market extremes of whatever type are worth examination, as they are often harbingers of…

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Jonathan Baird CFA

Jonathan Baird CFA

PUBLISHER OF THE GLOBAL INVESTMENT LETTER. AWARD-WINNING MONEY MANAGER. SPEAKER ON GEOPOLITICS AND MARKETS. www.globalinvestmentletter.com

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