W

The stock market is driving the economy in one major way

Business Management
Share
The stock market is driving the economy in one major way

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 stock market is driving the economy in one major way


Source:MarketWatch

DisclaimerPlease read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

Kalshi election data goes live on DoubleZero ahead of U.S. midterms

The expansion gives institutional and automated traders access to fulldepth political predictionmarket order books ahead of the U.S. midterms. Source:CoinDesk

PayPal expands stablecoin rails with custom token issuance platform

The PYUSDx stablecoin developer platform, backed by PayPal USD (PYUSD), is built with the help of M0 and MoonPay. Source:CoinDesk

Hunter Biden's new LAPTOP token lost 98% of its value in under an hour after $1.6 billion debut

LAPTOP swung from $190 to under $4 within minutes of opening on Base. Onchain records show tokens had been distributed to market makers for a week before…

German finance ministry proposes 25% crypto tax starting 2028: report

The German Ministry of Finance is reportedly seeking to impose a 25% tax on cryptocurrencies, departing from current laws that make crypto gains taxfree after…

Sourcehttps://www.marketwatch.com/story/the-stock-market-is-driving-the-economy-in-one-major-way-9ea09725