Quote:
Originally Posted by Msmith
Look at Apple.
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Apple sells trinkets that nearly anyone can afford and you certainly don't need a loan to buy their goods. Selling a car for tens of thousands of dollars is another story.
1) Millions are out of the loan market for any goods.
2) The future doesn't look bright due to many companies (once again) announcing they are going to have mass layoffs later this year.
3) The price of the stock today is a view of sales down the road, not last month.