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Top Picks 2018: CIT Group is Part of the Sweet Spot of the New Economy

The stock market has not factored in potential SIFI changes, largely due to an expectation of business as usual.
Initial Jobless Claims fell 12,000 to 365,000 still above the 350,000 recessionary threshold. Non-manufacturing ISM came in at 53.7 in August, just above expectations. The Dow Jones Industrial