News this week that inflation eased more than expected in October solidified the view that the Federal Reserve is done with its most aggressive rate-hike campaign in four decades.

And that could be a boon for the stock market and your 401(k).

  • @iopq
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    11 year ago

    No, it’s called expected value. Amazon never made a profit for decades until it did.

    • girlfreddy
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      31 year ago

      Bezos opened Amazon in 1994, took it public in '97 and in 2003 it earned its first full-year profit. So 9 years to be exact.

      source and source

      • @iopq
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        01 year ago

        I mean the fact that it didn’t have a profit for many years after that. Until 2017 it was essentially 0 profit because Bezos kept reinvesting the money back into the business