Apostrophe!?!?
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People have long warned about a monopoly. In any sector as an unhealthy business practice. Less innovation and higher price control are just a few of the concerns.
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A big 'if' Trump had not introduced steel and aluminium tariffs the tech giants would be an asset not a risk to investors or stock market indexes. What it says about the indexes is the stock markets need a buffer to absorb these kind of shocks when accepting listings.
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Remember...they are clouds of data. They sell influence and cat pictures. There is nothing tangible or lasting from “tech” giants.
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It's not tech companies, skewing the market. It's geopolitical posturing and poor leadership.
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This is a huge investing concern owning ETFs in down markets. It has worked well in the bull market since 2009 however.
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Flaky entities like Facebook should never be part of the index.
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