Warren Buffett, CEO of Berkshire Hathaway, attends the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. espite another year of relentless volatility stemming from a global pandemic, enhanced by international armed conflict and supply chain issues, U.S. companies managed to continue growing.ranks the world’s largest public companies with composite scores of market value, sales, profits and assets captured during the 12 months ended April 22.
During the investing and insurance conglomerate’s yearly shareholder's meeting last month, Buffett expressed optimism and resilience despite daunting market prospects and rising inflation. “If you do something valuable and good for society, it doesn’t matter what the U.S. dollar does,” Buffett said. “Sometimes markets do crazy things. That’s good for Berkshire, not because we’re smart, but because we’re sane.
Amazon rose to the third spot in the U.S. list, rallying from No. 5 last year and No. 13 the year before. The Seattle-based giant maintained persistent growth as online shopping continues to boom. Sales shot up 22% in the last year to around $470 billion, despite the higher prices and interest rates threatening consumers, keeping the company at No. 2 worldwide in terms of sales.
Customers are constantly voting. It makes capitalism the fairest economy.
Thanks to QE & the global status of the US dollar.
Look at your country, be proud.