MarketWatch: “No snowflakes here: U.S. consumers will keep the economy humming through 2020”By admin_45 in IN THE NEWS
Excerpt from MarketWatch quoting DataTrek's Nick Colas:
.... "Also less certain: the impact of wobbly markets. “The typical American consumer knows stock price volatility can presage an economic slowdown,” wrote Nicholas Colas, Co-founder of DataTrek Research, in September.
“When they see U.S. equity markets take a drop, they google ‘dow jones’ to learn more,” Colas added"....
Read the full article here in MarketWatch!