Aug. 1, 2021

What "Opening Up" Means To Amazon.

What "Opening Up" Means To Amazon.

It was a fascinating week for Markets In the USA, and a very difficult week for Analysts. Nearly everything they had predicted went the other way this week.
In a particularly stunning disclosure, Amazon, the major online retailer, revealed that they move...


It was a fascinating week for Markets In the USA, and a very difficult week for Analysts. Nearly everything they had predicted went the other way this week.

In a particularly stunning disclosure, Amazon, the major online retailer, revealed that they move back to an open economy. Where people are free again to get out and actually shop in person.

Well, opening up, may not be such a good thing for Amazon. You see when people are forced to quarantine at home, Amazon became their principal place for shopping. But management at Amazon, now projects that a return to in person shopping, may actually cut into Amazon's future profits.