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On today’s show, we discuss:
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Watch credit spreads.
The spread between the weakest and strongest investment-grade credits bottomed nearly two months ago. Credit concerns are rising even as stocks hit record highs.
Generational bonus content not in the draft: Despite challenges, Millennials and Gen-Z have seen significant wage increases. Our goal is for each generation to surpass the previous, and in terms of wages, we’re succeeding. pic.twitter.com/VZmjPKyC5y
There is a Wells Fargo analyst who ordered the same burrito bowl 75 times at eight different Chipotles in NYC to prove the portion size inconsistency $CMGpic.twitter.com/H6aeYxQ2Rc
Consumers feel pretty bad about business conditions over the next 6 months (worst since September 2011), but they feel pretty great about the stock market going up per @conferenceboard Consumer Confidence Index pic.twitter.com/xaLyGmybkj
After my mortgage payment, 401k/529/IRA contributions, my annual 6 week vacation to Europe, private school for the kids, 2nd home in the Hamptons, a handful of angel investments and country club membership I basically live paycheck-to-paycheck
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