Although some American voters may take a pessimistic view of a president-elect’s expected policies, research suggests the sentiment doesn’t make them spend less.
Although election results can affect consumer sentiment, particularly among those who oppose the victor, the sentiment doesn’t necessarily affect consumer activity.
Does the Fed really want more saving, or more spending? Or, somehow, more of both?
The 2002–06 US home-price boom was an egalitarian wealth creator in America, increasing the net worth of corporate executives and low-income workers alike.