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Boring can be bullish. Unfortunately, August kicked off Friday with plenty of excitement.
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"Stocks are pricing in significant earnings growth, and significant economic growth, yet at the same time, the macro data are deteriorating, and the Fed is doing nothing about it," said Richard Farr, chief market strategist at Pivotus Partners.
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Carvana's "convenience factor" is only going to grow, and the stock is zooming to a record on Thursday.
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