Economic growth must exceed expectations to generate abnormal stock returns, something increasingly difficult when starting expectations are already high. As a result, the relationship between GDP growth and stock market returns tends to be weak or even negative, despite widespread…
The service economy demonstrates a sustainable pattern of spending, supported by its inherent diversity and the essential nature of many services. This growth trajectory can only be significantly disrupted by a strong exogenous shock that affects multiple industries and leads…
Consumers can access 3 types of income Assessing the health of an economy and predicting future consumption and economic growth potential, involves a comprehensive analysis of cycles and trends of savings, employment income, and credit.