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Managing money and running -- and he joins us from the paradise known as Bermuda but where often running today.
What a lot of people -- -- 161000.
Here we come UN Matt Kemp.
Yeah I guess I -- start -- about 3% away from that and I think -- -- -- hockey team outlook.
We brought in to about a few weeks ago people misinterpret what he said they're going to be -- stopping to -- bond buyback program.
Rates are gonna go up.
But rates -- -- -- ten of the last eleven rate cycle increases.
But that's going to be a ways away were from a six point 5% unemployment -- some are raising rates.
He came out that this week and said look we're not gonna do that we're gonna keep giving crack cocaine in these markets and the market has responded very favorably -- this I think FC 161000 sometime this year I don't see huge increase in the market but I still still see a continual -- might tell me about Amazon looked on fascinated by this company.
They got that sales gain of 37 for giant like Amazon in June over June of last year.
-- with posing the question is Amazon the new apple.
That's a great question outlook -- apple is still about 400 billion dollar market cap about three times what.
What Amazon is that the 136 billion roughly right now.
What you're seeing with Amazon this is like what it's all at that not -- -- I've always thought history from the turn of the twentieth century well being created a level that people never dreamed up when he had Rockefeller and and Morgan and Carnegie.
That's what you're seeing right now these great big tech companies.
Amazon's earnings are never going to be that great for the next several years because we're willing to do things like take that.
And I think that Amazon is in a position right now what they were up double what e-commerce was in June.
-- -- 69 billion dollars in revenue I think they have a lot of room to grow here they remind me of the rays of companies which gave away the raises knowing that you would buy expensive blades down the road seems to me that just like that.
By the -- -- full disclosure John.
Do you -- Amazon.
No I do not.
-- -- you -- -- -- I don't know about but in fact I don't know about them the price started that political mentioned 3.5 that the average price target about 70% of the analysts out there not addressing.
-- -- Have a good time of Bermuda for this weekend will be think -- -- acknowledged very opera fit all right.
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