2min chapter

Moody's Talks - Inside Economics cover image

Poor Policy, Plunging Home Prices, and a Plummeting Pound

Moody's Talks - Inside Economics

CHAPTER

Is It Too Much of a Cushion?

Christi: I don't see a lot of evidence that consumers are going crazy, even at the high end. So i don't know that it's really influencing the behavior to that degree. Ike: Most of the spending is done by folks in the top part of the distribution. And n tha cash is just waiting to be re deployd the market stable.

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