Holiday Shopping Kicks Off, Crude Crash and Bad Apple
MRKT Matrix
00:00
What Is the XLY Telling You?
The state of the consumer is not nearly as robust as people as pundits wouldn't want them to believe. The savings rate continues to go down, and credit card debt is now north of a trillion dollars in this country. I think it's going to sort of coincide with the S&P rolling over.
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