[Video] Can you believe that Amazon will pay no taxes for 2018?!

Amazon: Poster Child for this Bubble Harry Dent | February 21, 2019 Amazon is the best of this bubble, and in some ways the worst! Yet again, it'll pay zero taxes to the IRS for 2018! No taxes on sales of $233 billion and profits of $10.8 billion last year. Not a dime. Nada! This is just wrong. And it's one of many things that are wrong with this bubble! I just had to record a video to talk to you about it. Amazon got up to a $1 trillion valuation at its peak in 2017. At that time, it was 5.6x sales. That's crazy. A normal valuation is 1x, maybe 2x for a growth company. So, we've got companies making record profits and enjoying tax cuts. AND they've had a QE tailwind for years… All of which they've used to buy back their own stocks. Yeah! That's a recipe for trouble. First though, they'll present Dark Window profit opportunity this year! Harry Follow me on Twitter @HARRYDENTJR P.S. Opportunities will abound during the Dark Window we'll enjoy this year. Some of the best could well come from stocks $10 or cheaper. The trick is how to find those tiny, but mighty, gems. Tune in to John Del Vecchio's webinar next Tuesday, February 26. It's called The $10 Trader: How to Build a $523,000 Fortune With Some of the Market's Cheapest Stocks. He has some tricks up his sleeve for you, but to hear them, you must register to watch. Harry Dent, Founder, Dent Research From decades of research and hands-on business experience, Harry has perfected an easy-to-understand view of the economic future. READ MORE » Economy & Markets  |  Dent Research You are receiving this e-mail as a part of your free subscription to Economy & Markets E-Letter. Remove your email from this list: Unsubscribe. To cancel by mail or for any other subscription issues, write us at: Charles Street Research Attn: Member Services, 819 North Charles Street, Baltimore MD, 21201 | Phone: 888-211-2215 | Fax: 410-223-2682 LEGAL NOTICE: Protected by copyright laws of the United States and international treaties. This e-letter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the worldwide web), in whole or in part, is strictly prohibited without the express written permission of Charles Street Research. This work is based on SEC filings, current events, interviews, corporate press releases and what we've learned as financial journalists. It may contain errors and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility. The information herein is not intended to be personal legal or investment recommendations and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation.