Weighing the Wealth Effect

By Scott Hoyt, Brian Poi, Mark Zandi

December 2017

Credit Correlations, Economic Forecasts

In this webinar, Mark Zandi and the Moody's Analytics team discuss the impact of the wealth effect on economic expansion and quantify econometric estimates based on data from Visa and Equifax.

The "wealth effect" - the impact of changes in household wealth on consumer spending - has been instrumental to the economy's gains, with the American consumer powering the U.S. and global economies.

Forces such as surging stock and housing values are driving this, but stability will remain critical for continued growth.


Article COVID-19: Global Recession Q&A We answer questions submitted in response to our recent webinar. March 2020 Pdf Cristian deRitis, Katrina Ell, Ryan Sweet, Mark Zandi
Article COVID-19: Global Economic Tsunami The onus is now on governments to quickly provide substantial financial support to hard-pressed households and businesses. How much economic damage COVID-19 ultimately does will depend on the trajectory of the virus—and how governments respond. March 2020 Pdf Mark Zandi
Webinar-on-Demand COVID-19: Global Recession COVID-19 has created a global economic tsunami that is now hitting the United States and Europe with full force. March 2020 WebPage Mark Zandi, Ryan Sweet, Cristian deRitis, Steven Cochrane, Adam Kamins, Petr Zemcik
Article Virus Alters U.S. Consumer Spending Real-time information on consumer spending is very limited, but there is growing evidence of some of the changes to consumer spending in response to COVID-19. March 2020 Pdf Scott Hoyt
Article Coronavirus: COVID-19 Pandemic Scenario Narrative: Known Unknowns The coronavirus is an existential threat to the record-long global economic expansion. The Centers for Disease Control and Prevention says it is likely that COVID-19 will become a global pandemic. If the CDC's warning comes to pass, then recession will be difficult to avoid. March 2020 Pdf Mark Zandi
Webinar-on-Demand Assessing the Economic Impact of the COVID-19 Virus Under Alternative Scenarios The COVID-19 virus continues to spread and the economic damage is mounting. March 2020 WebPage Mark Zandi, Cristian deRitis, Ryan Sweet, Steven Cochrane, Katrina Ell
Webinar-on-Demand U.S. Consumer Credit Outlook - 2020 Q1 Join Scott Hoyt and David Fieldhouse, as they discuss the current and anticipated trends in household credit conditions based on Moody's Analytics forecasts of Equifax data. February 2020 WebPage Scott Hoyt, David Fieldhouse
Article Coronavirus: COVID-19 Scenario Narratives We assess the global macroeconomic impact of two scenarios, although many others, each darker than the next, cannot be ruled out. This assessment is based on simulations of our global macroeconomic model, which captures linkages via international trade, immigration, foreign direct investment, and financial markets for more than 100 countries. February 2020 Pdf Mark Zandi, Steven Cochrane
Webinar-on-Demand Briefing on the CCAR Scenarios Following the release of the Comprehensive Capital Analysis and Review (CCAR) scenarios for 2020, join Mark Zandi and the Moody’s Analytics team as they discuss the narratives behind the Fed’s scenarios. February 2020 WebPage Mark Zandi, Cristian deRitis
Presentation Coronavirus: The Global Economic Threat Presentation slides from the webinar. The outbreak has already become highly disruptive to China; the U.S. will not be immune. February 2020 Pdf Mark Zandi

RESULTS 1 - 10 OF 89