If the US market retreats 10% that's a return of 25% on BBUS. The Americans are not out of the woods, what you're seeing is the tail end of the money that was pumped into the system. Jamie Dimon predicts that the money that was splashed on the consumers through the Covid period will be completely go by the end of this year, so if consumers stop spending how do companies like Apple or Amazon make money?
https://www.bbc.com/news/business-65487054
If the US market retreats 10% that's a return of 25% on BBUS....
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
2,958.8 |
Change
17.070(0.58%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 2,958.8 | 0.00 | 0.00 |