re: What do we see next, S&P 500 at 6000 or 4000?

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Personal debt is very high right now, thanks to stagnant wages but also people spending like drunken sailors

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Consumer CC is something like 3% higher than it was pre-Covid. Wages are up substantially since 2020. Household wealth is at all time high. People are spending as we can see from various industry reports. Retail and services both doing very well. People are obviously very confident about their economic situation despite the anecdotal accounts on the various TD boards that members can’t afford cheez-its, milk, and bread.