Asset Allocation Bi-Weekly - Real Income versus the Wealth Effect; What is Driving Consumption? (1/24/2022) episode artwork

EPISODE · Jan 24, 2022 · 14 MIN

Asset Allocation Bi-Weekly - Real Income versus the Wealth Effect; What is Driving Consumption? (1/24/2022)

from Confluence Podcasts · host Confluence Investment Management

Will consumers keep consuming enough to sustain economic growth if interest rates rise? The answer might begin to emerge as we explore a separate question in today's discussion with Confluence Chief Market Strategist Bill O'Grady: what exactly drives consumption? Is it a rise in real income or is it an increase in the "wealth effect"?

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Asset Allocation Bi-Weekly - Real Income versus the Wealth Effect; What is Driving Consumption? (1/24/2022)

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