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FAANGs Bare Their Teeth, Leaves Main Street Trailing
Apple, Alphabet, Amazon and Facebook’s earnings may have justified their eye-watering rally, though concerns about how far behind Main Street remains is still a concern.
Stephen Innes, Asia-Pacific Market Strategist, AxiTrader, sheds light.
Image Credit: BERTRAND GUAY, ANGELA WEISS, Tobias SCHWARZ, Mark RALSTON / AFP
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By BFM Media
3.5
22 ratings
Apple, Alphabet, Amazon and Facebook’s earnings may have justified their eye-watering rally, though concerns about how far behind Main Street remains is still a concern.
Stephen Innes, Asia-Pacific Market Strategist, AxiTrader, sheds light.
Image Credit: BERTRAND GUAY, ANGELA WEISS, Tobias SCHWARZ, Mark RALSTON / AFP
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