The strength of consumer spending and household balance sheets has been a bright spot in an otherwise challenging market and economic environment. These factors have helped to keep the economy out of recession and have bolstered corporate earnings, but they have also kept inflation hotter than the Fed might otherwise like, resulting in higher interest rates. What should investors know about the state of consumer finances as market and economic uncertainty continues?
We discuss in this episode of The Wealth Effect Podcast:
📈 Household Net Worth
💸 Consumer Spending Rates
📉 Personal Savings Rates
Matt Faubion, CFP®
Founder - Wealth Manager
Faubion Wealth Management
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