Home Business & Finance The stock market is driving the economy in one major way
Business & Finance

The stock market is driving the economy in one major way

The stock market is driving the economy in one major way
Key Points

The wealth effect of higher equity prices has enabled U.S. consumers to continue spending even when changes in disposable income suggested recessions might be possible

The wealth effect of higher equity prices has enabled U.S. consumers to continue spending even when changes in disposable income suggested recessions might be possible
U.S. (LOCATION)
Originally published by MarketWatch Read original →