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And that may be bad news for the economy. What’s going on: Consumer spending is falling back to earth , and even the highest-income Americans are turning to discount retailers like Walmart .
We explain why the higher economic growth in the third quarter may not be as good as it seems. We’ll also look at trouble brewing for a key financial regulator and another record broken by ...
Economic slack, a term I unfortunately cannot take any credit for, broadly describes a situation where the economy isn’t performing as well as it could be. The most widely recognized symptom of ...
[3] [16] Resultantly, economic hoarding is often considered to be detrimental as it can isolate commodities from the economy. Due to the complexity of the economy and the flows of resources occurring within it, critics argue that the effect economic hoarding has on the economy is abstracted and the results of economic hoarding can be highly varied.
Since World War II, the United States economy has performed significantly better on average under the administration of Democratic presidents than Republican presidents. The reasons for this are debated, and the observation applies to economic variables including job creation, GDP growth, stock market returns, personal income growth, and corporate profits.
A money market account combines the features of a savings and checking account so you're able to earn a return on your money while also writing checks and taking cash withdrawals against your balance.
In a credit-based economy, a slow-down or fall in lending leads to less money in circulation, with a further sharp fall in money supply as confidence reduces and velocity weakens, with a consequent sharp fall-off in demand for employment or goods. The fall in demand causes a fall in prices as a supply glut develops. This becomes a deflationary ...
A recent Wall Street Journal poll of American voters in swing states found that while people think the national economy is in bad shape, they feel good about their personal finances.
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