Skip to content

RanchHarbor

Tag: GDP

July 8th – Wealth Effect

By Adam DeermountIn Basis PointsPosted July 8, 2021

Chart of the Day US household wealth as a percentage of GDP went off the chart over the past year and a half.  The trend should be a substantial tailwind due to the wealth effect where people tend to consume more when they are relatively better off.  Today's levels dwarf...

Tags: Economics, GDP, Household Wealth
More
  • All Posts
  • Press Releases
  • RanchHarbor in the News
  • Thought Leadership/Editorial
© 2025 Monstroid2 | Multipurpose WP Theme with Elementor Page Builder