The Importance of a Holistic Product

Consumer debt in this country is at record levels, credit card debt is probably north of a trillion dollars. Auto loans are like above 14% all time high. New cars record high price. There is zero inventory. On top of which, you have a Federal Reserve that wants the unemployment rate to get to 5%. They don't want it to happen tomorrow, but they need it to get there. And that's millions of jobs. So that to me does not auger particularly well for the consumer in this environment.

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