Global Markets Play Leap Frog

The Beryl Consulting Group – November 5, 2008  The wealth effect looks at how falling wealth reduces people's consumption. Firms and households have seen trillions in losses on their homes, stocks, bonds, loans. They are poorer, fell poorer and are less positive about their futures. Thus, they reduce spending. Click on attachment for analysis.

Global Markets Play Leap Frog 11.05.0866.21 KB