Election results create a partisan gap in economic sentiment, but it doesn't translate to spending.
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.
Some 21 US states allow banks to foreclose on delinquent homeowners without first suing them in court, a concession that lets lenders bypass the costlier and lengthier legal process required elsewhere.