The Stock Market Is Stupid
Technically, that’s incorrect.
As it’s not a sentient being, the stock market can’t be stupid.
But it sure feels stupid.
Over the past couple of weeks, we’ve seen Netflix kill the market, Apple (and Google) save it, Facebook re-kill it, then Amazon (kinda) save it.
Nothing to see here, just trillion-dollar and trillion-dollar adjacent companies losing/gaini…