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Very Bullish jobs chart. SPY 400 on the horizon

December 5, 2020 by Alex Mark

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Harry Dent on dead economy: “The dumb money is small traders loading up on call options.” LOL Smart money will “start the downtrend that breaks the back of the dumb money.”

The average US worker must now work 141 hours to buy 1 share of S&P 500. That’s, of course, a fresh record. In the 1980s, it took less than 20 hours.

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