Not investment advice.
Great Paul, something we completely miss in Europe is the wealth effect. People do not own stocks directly or very few of them
In the US it is a big deal. If stocks don't start going up again, retail sales will slow markedly.
Great Paul, something we completely miss in Europe is the wealth effect. People do not own stocks directly or very few of them
In the US it is a big deal. If stocks don't start going up again, retail sales will slow markedly.