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Tim Grant (Galaxy) on Europe and Beyond
Galaxy Brains
Stocks Going Up to Dead Highs of the Year
I think the average US price has about $550 worth of monthly payments to make. That's income that is currently discretionary going to become a month for a long time. And so there is a cycle where this stuff continues and persists. A warning sign was last week when you had ADP report 400 plus thousand job gains, although the actual BLS report on Friday reported less.
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