COMMENTARY: Move over real estate, Wall St now drives US spending - Reuters
Wall Street performance has replaced real estate as the primary driver of consumer spending in the United States. While housing wealth historically fueled household budgets, the appreciation of financial assets now exerts a more significant influence on national consumption patterns. This shift underscores the growing role of equity markets in sustaining the broader economy.
COMMENTARY: Move over real estate, Wall St now drives US spending Reuters
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