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Report date: 08.29.2017

Eurozone consumer spending is expected to decline in the next year. Best Buy sales improves because their competitors went out of business. US wages cannot keep up with the cost of purchasing a home. The average American savings is now less that 1997. BofA is now reporting that the market is propped up by the central bank and when the central bank stimulus ends this is going to get ugly. Last time this few Americans thought the market would crash it did.

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