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I believe the labor market will continue to soften. Several layoff were announced this week and I believe more are to come. Most F500 are reporting earnings in the next few weeks. The results for those that already reported have been mixed so far which could signal trouble ahead.
I don't believe the price correction will be huge tho, for that to happen Rolex needs to overflow the market with subs, gmt, etc. But heck, what do I know :D
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