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      03-23-2019, 08:46 PM   #65
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WestRace, thanks for the comments. I agree the consumer is in good shape. Manageable debt, and strong employment.

Corporate debt as a pct of equities is favorable compared to 2009 and compared to any time in 1980s-1990s. No problems there.

The multi-decade analysis allows a non-static analysis and puts the situation in context.