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U.S. Consumers Are Flush With Cash. They Don’t Feel That Way.

Por: MarketWatch Business September 09, 2023

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Related Market Data “The Consumer Is In Great Shape (Really),” according to the title of a report from Mizuho Securities economist Alex Pelle. While lots of attention is paid to the notion of dwindling “excess savings,” a nebulous concept at best, household wealth relative to incomes has returned to close to its all-time highs. (And for what it’s worth, his estimate of those excess accumulated savings is between $400 billion and $1... + full article



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