I am also looking at this stock. But I am more concerns on the change in fundamentals. There are increasing concerns on privacy issues and it affect the moat of targeted marketing campaigns that facebook offers to marketers. We are sessing increasing number of advertisers pulling their budget out from facebook as they see decreasing performance from their ads campaigns. E.g. they are now unable to reach apple users. What are your thoughts on this? I think this privacy trend will only get stronger as time goes by. Does facebook has other revenue sources?
Inflation or No Inflation?Factors for Inflation:1) Pent-up demand2) Stimulus checks3) Supply-side crunch4) Fed's influence in managing expectations5) Gov expansionary fiscal policy6) Student Loan ForgivenessFactors for No Inflation:1) Inflation will be imported to other country as US buys more overseas goods2) Employment situation is still not at full capacity with exceptional rise in income level3) Inflation data that we have seen is due to low base effect and is transitory. Consumer will reduce consumption after covid situation eases.Please like, comment and add [微笑]
Inflation data, consumer confidence: What to know this week