Business & Economy

Here’s the downside to record-setting stock markets across the globe that are generating a wealth boom

While some Americans are enjoying the fruits of the stock market bonanza, their consumption is stirring inflation and lower-income consum…

Source MarketWatch Updated 1h 44m ago AI Summary

AI Summary

While some Americans are enjoying the fruits of the stock market bonanza, their consumption is stirring inflation and lower-income consumers are missing out altogether, says Bank of America.

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