Are We Due for a Santa Claus Rally?

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(11/18/21) Retailers aren't worried, with good earnings reports coming from Kohl's, Macy's, and Nvidia; so where's the money coming from? Home Equity liquidation and credit cards are fueling consumers' spending sprees, piling on debt. That won't end well as rates and inflation rise. Stocks are very extended, market-wide: Watch for price pressure following Thanksgiving, setting up for a Santa Claus rally by the end of the year.
- Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts
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#RetailSales #WageInflation #RealInflation #Markets #Money #Investing #Kohls #Macys #Nvidia
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Wow, a number of views with hardly any comments. Looks fishy to me.

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