eCommerce Comes Under the Macro Microscope Heading into 2019

eCommerce isn't immune to pressure's from Powell and President Trump.
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Amazon (AMZN) - Get Report is used to bullying other companies into submission and gobbling up the market share left over.

However, as Amazon's negative reaction to Wednesday's Federal Reserve decision showed, the eCommerce sector that the Bezos-led behemoth dominates is not immune to macroeconomic pressures on the market.

To understand how a tightening Fed and a potentially persisting trade war might affect stocks in the secular eCommerce sector, Real Money's Kevin Curran sat down for an interview with D.A. Davidson managing director and senior equity analyst Tom Forte.

"The combination of the concerns on tariffs, as it pertains to the trade war between the U.S. and China, and rising interest rates has weighed heavily on consumer tech stocks including Amazon," Forte explained.

The selloff in the broader market has certainly been outsized in this sector in particular, with eCommerce connected companies like Amazon, eBay (EBAY) - Get Report and Square (SQ) - Get Report falling faster than the broader indices after years of outperformance.

To hear Forte's take on specific underlying impacts to the eCommerce sector, check out the video above.

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