SP500 0.58% 2,958.8 standard & poor's 500

US Economy“There's still a lot of excess savings from households...

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    US Economy

    “There's still a lot of excess savings from households that have been built up during the pandemic that will come down. There's about still $340 billion of excess savings there. Most likely households will run out of that somewhere in the spring of next year. So that's, of course, in terms of consumer spending that is going away” Ewout Steenbergen, CFO, S&P Global Inc

 
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