With the stock market selling off in recent weeks, Goldman Sachs is warning that wealthy households will feel some of the pain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The wealth effect is in full force, it seems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
Stocks are at or near record highs, giving rise to an outsized wealth effect. But some banks are seeing new highs in sour loans. Two stories of consumption, two paths to ponder in the details.
The Dow has crossed a 20,000 point threshold. What might that mean for consumers feeling flush?
January 16, 2019
With the stock market selling off in recent weeks, Goldman Sachs is warning that wealthy households will feel some of the pain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By […]
January 30, 2018
The wealth effect is in full force, it seems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
January 26, 2017
The Dow has crossed a 20,000 point threshold. What might that mean for consumers feeling flush?
December 01, 2016
What to make of the economic data that shows strength in the U.S. economy — so much strength that it means a rate hike is coming, right on the ostensible...
