A quick look at AMZN reveals that speculators believe future business conditions can be no better than what existed on 1-June-2020 or right when the Covid-19 lock down hoax went into full swing.
The stock is down -33.4% from its all-time high hit on 8-July-2021 ($3731.41 a share). Perhaps Amazon will be the bellwether of the Super Depression. A honest price for AMZN could be closer to $37.87, a price hit on 21-November-2008, before Federal Central bankers juiced the stock markets with 14 years of quantitative easing that dumped $8.5 trillion dollars into checking accounts without anyone actually producing an increase of goods and services first.
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