And higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending. (themacrotourist.com)
China has long been a global growth engine with favorable long - term fundamentals, economic expansion and rising consumer wealth. (ai-cio.com)
A major reason for the FOMC's overly optimistic forecast for economic growth and its incorrect view of the effectiveness of quantitative easing is the reliance on the so - called «wealth effect», described as a change in consumer wealth which results in a change in consumer spending. (valueinvestingworld.com)