Subscriber Only: Losing Money In A Bull Market

Before we look at how this week ended, let’s take a look at how it began.

At the close on Monday, Amazon was up almost 8% for the day.

To put that in perspective, in one day, the company gained $117B in market cap.

  • That’s more than IBM’s total market cap.

  • That’s more than the market cap of 90% of the S&P 500’s component stocks.

  • The move contributed 87 bps o…

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