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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