Motley Fool Money "You are the baker of your own cake."
Mar 31, 2022
Asit Sharma, a senior analyst at Motley Fool, dives into Amazon's renewed credit card partnership with JP Morgan Chase, revealing why this bodes well for shareholders. He also addresses the recent market downturn and how a strong economy can still be a comfort. Brian Feroldi, author of 'Why Does The Stock Market Go Up?', emphasizes the stock market as a wealth creation powerhouse, urging listeners to adopt a long-term investment mindset. Together, they share insights on navigating market volatility and maintaining a resilient investment journey.
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Amazon-JP Morgan Deal
- JP Morgan Chase's Amazon credit card deal is like cities bidding for manufacturing plants.
- It's a lucrative, long-term investment in a massive customer base.
Hidden Value
- Amazon shareholders should recognize the credit card deal's quiet importance.
- Focus on core businesses like AWS, but acknowledge the deal's bottom-line impact.
Strategic Partnership
- Amazon could manage its credit card business but wisely partners with JP Morgan.
- This allows Amazon to stay efficient while providing JP Morgan with a stable, core business.
