There is more to Amazon than just ordering items.Amazon (AMZN)
Living in a rural area / Bedroom Community during the pandemic, I got a lot of items off of Amazon. Noticing things going down hill when I order off of Amazon. Less and less free shipping and things take a lot longer to get here. The UPS to USPS shuffle where things get lost or delayed even longer. Been trying to get a few garden items and conditions have gone from bad to worse. Appears lots of warehouses were overstocked and a lot of out dated stuff is selling like brand new items. Calling or messaging Customer Service turns into a rotating turnstile from one Indian to another Indian to a Vietnamese to who knows where or what a person talks to. Eventually a dissatisfied customer just gives up. The tail off after the pandemic is showing in the share prices. I think amazon saw it;s hay day during the pandemic when they were the only game in town. Times have changed. Amazon could be history in a short period of time. JMHO
Depends... Are you betting the US Government will continue to bail out the failing banks ?
oilprice.com
So, some banks are "insured" by the US Government.... Depending on who the share holders are.
At some point the US government will deek the other way on the financial system to provoke a massive impact to further the great reset goals. The same way a manipulative partner crushes the joy out of their mark by flip flopping nice/mean.
| Berkshire Hathaway, Inc | 1,010,100,606 | Dec 30, 2022 | 12.62% | 28,444,432,910 |
| Vanguard Group, Inc. (The) | 607,703,467 | Dec 30, 2022 | 7.59% | 17,112,929,537 |
| Blackrock Inc. | 471,843,006 | Dec 30, 2022 | 5.90% | 13,287,098,976 |
| State Street Corporation | 297,870,751 | Dec 30, 2022 | 3.72% | 8,388,040,302 |
| Berkshire Hathaway, Inc | 1,010,100,606 | Dec 30, 2022 | 12.62% | 28,444,432,910 |
| Vanguard Group, Inc. (The) | 607,703,467 | Dec 30, 2022 | 7.59% | 17,112,929,537 |
| Blackrock Inc. | 471,843,006 | Dec 30, 2022 | 5.90% | 13,287,098,976 |
| State Street Corporation | 297,870,751 | Dec 30, 2022 | 3.72% | 8,388,040,302 |
| Holder | Shares | Date Reported | % Out | Value |
|---|---|---|---|---|
| Vanguard Group, Inc. (The) | 167,689,164 | Dec 30, 2022 | 8.63% | 7,695,255,633 |
| Blackrock Inc. | 163,473,337 | Dec 30, 2022 | 8.41% | 7,501,791,335 |
| State Street Corporation | 85,950,514 | Dec 30, 2022 | 4.42% | 3,944,269,034 |
| Berkshire Hathaway, Inc | 55,155,797 | Dec 30, 2022 | 2.84% | 2,531,099,490 |
| Geode Capital Management, LLC | 34,659,804 | Dec 30, 2022 | 1.78% | 1,590,538,384 |
| Bank Of New York Mellon Corporation | 26,685,419 | Dec 30, 2022 | 1.37% | 1,224,593,861 |
| Morgan Stanley | 25,852,678 | Dec 30, 2022 | 1.33% | 1,186,379,377 |
| JP Morgan Chase & Company | 23,495,869 | Dec 30, 2022 | 1.21% | 1,078,225,414 |
| Fisher Asset Management, LLC | 21,888,245 | Mar 30, 2023 | 1.13% | 1,004,451,549 |
| Hotchkis & Wiley Capital Management, LLC | 21,582,837 | Dec 30, 2022 | 1.11% | 990,436,376 |
Are banks donating to the Democratic party?
Maybe - raising the interest rates from effectively zero to 5+% by the FED quickly disrupted some of these banks.
We, here on the board, have been discussing this for 2 years... How much "warning" do the banks need ?
You are assuming that the leadership of the banks or their depositors "lost" in the failures. Leadership will get big severance and go to the next bank or government positions. FDIC+ paid off the depositors. Other crony banks got paid by government to take over the failing banks. Guess shareholders were the main "losers".
In my last job at a major paper company, I was not allowed to buy/sell stocks (nor wife) as there might be conflicts of interest, etc. Absolutely criminal that Federal elected representatives and other Federal beaurocrats, their staffs, their families are allowed to trade with effectively unlimited insider knowledge.Democrat congresswoman sold First Republic in before it tanked
A Democrat congresswoman sold shares in First Republic Bank while the price was tanking then purchased stock in JPMorgan before it took over the doomed institution.www.dailymail.co.uk
I have done a lot of "assuming" in my life.... So far, it has gone in my favor....
These banks need to go broke.
They aint going broke, though, right?
That is a scary thought.
When the "market" can not explain the erratic movement of a stock......... It is labeled as a "Meme Stock"...Looks like Comerica (CMA) is in the queue
| Comerica Inc | 14.13% |
The "Bank Sector" is now the play ground for the meme traders. It's all about "movement of share price" and the heavy hitters are squeezing the small players.
Nice dividend
stockanalysis.com
oilprice.com
It may not be the off the charts gold buying observed in the second half of 2022, but central bank Central bank gold buying made a blistering start to 2023 when according to the latest report from the World Gold Council, demand for the hard currency by the world's money-printing authorities reached 228 tonnes in Q1, a 176% increase compared to the 82.7 tonnes one year ago. While lower than the figures seen in the previous two quarters this was nonetheless the strongest first quarter on record. According to the WGC, "this is all the more impressive considering it follows the record-breaking pace of demand last year."
Central Banks All Over The World Are Scrambling To Buy Gold | OilPrice.com
Gold purchases will likely continue to outweigh sales for the foreseeable future, and may explain in part why gold trades just shy of its all time high north of $2,000 per ounce.
