About Stock market

By @aimag5/23/2020stocks

The tech behemoths such as Amazon,Microsoft, FB ,Google and Apple are all together market capitalization around 5 trillions and have no assets even nears one trillion but almost each of them earning around 100 billion annually.However, JP Morgan market cap is not reaching around 300 billion but total assets is more than 3 trillions that means it has more assets than whole tech behemoths. Moreover, another banks such as City Group , HSBC and Bank of America they also got assets at least around 2 trillions. Although they all got debts at least each one 200-300 billions.
Its interesting that all companies got debts and there is a question when they are going to payout them. Frankly, If you compare all of this tech stocks since last 2008 crisis reached the all time high about at least 300-500% market cap or more growth and this pandemic brings more caps into it.
Pandemic not black swan i guess there should be another point of crisis which only will show up during the next quarter of 2020.

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