The Lying FANGMEN of the Nasdaq
"Nasdaq hits fresh record, Dick's Sporting Goods soars"Both the S&P 500 and the Nasdaq Composite closed at all-time highs Tuesday with the latter topping 15,000 for the first time."
"Americans are officially borrowing more than they ever have."Consumer debt soared to $14.64 trillion in the first three months of the year – even as credit card balances notched their second biggest decline on record. That's because Americans are still sitting on an-ever increasing mountain of student loans and ultra-low interest rates spurred the housing market to new heights."The amount of outstanding auto loans also reached a record as consumers shied away from public transit and clamored to purchase personal vehicles, despite soaring used car prices."