How Bubble Logic Drives Wayfair Stock

Wayfair stock has skyrocketed in the past few months as consumers increase their internet buying during the pandemic. However, negative cash flow and ballooning debt will spell trouble for Wayfair when it can’t keep up its frantic growth pace after brick-and-mortar competition reopen and pop its stock bubble.

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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