Why I'm Avoiding Amazon.com Right Now

The stock market rally faltered last week as signs of economic weakness shook the resolve of the bulls. The Dow Jones Industrial Average dropped 33 points of 0.2% to 17,740.63 while the S&P 500 fell 8 points or 0.4%. 2057.14. The Nasdaq Composite Index lost 0.8% to 4736.16. More telling, after a disappointing 160,000 new jobs were added to the economy in April, the yield on the benchmark 10-year Treasury closed the week back down to 1.78%. The U.S. economy has produced new jobs at a 192,000 per-month clip in 2016, down from 2015's average of 229,000. This is not the stuff that dreams are made of, and in fact, it's about to get a whole lot worse... To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why I'm Avoiding Amazon.com Right Now appeared first on Money Morning - We Make Investing Profitable .
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