
Stock Market Rally: Fundamentals vs FOMO
Many Happy Returns
00:00
The Rise of Amazon Web Services
The price to earnings multiple is coming back up to the five year average. People are just paying more for the same amount of profit or less profit in many cases. The one which really stands out at the moment and which has stood out for a long time is Amazon. I think people are just really taken with the idea of Amazon Web Services.
Transcript
Play full episode