A falling stock market may hurt the U.S. economy more than high prices at the pump
The wealth effect may have a greater effect on consumer spending than high gas prices.
Source
MarketWatch
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The wealth effect may have a greater effect on consumer spending than high gas prices.
Source
MarketWatch
Opens original article in a new tab
The U.S. president will address the nation at 9 p.m. Eastern Time, or 9 a.m. Singapore/Hong Kong time.

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