I get the point why domestic demand is so crucial for an economy and why government's worry so much on consumer confidence and why all these consumer confidence surveys are conducted asking people about the current and future expectations of growth.
Higher consumer confidence means greater willingness to spend. This also makes sense from …
I get the point why domestic demand is so crucial for an economy and why government's worry so much on consumer confidence and why all these consumer confidence surveys are conducted asking people about the current and future expectations of growth.
Higher consumer confidence means greater willingness to spend. This also makes sense from the point of view that government's would not like a sustained bear market and hence asked LIC in the past to pump in money.
Equity markets are proxy to GDP growth for retail investors and low investor confidence over prolonged period can lead to lower consumer confidence. ( I may be wrong with this assumption. Correct me if I am missing something here)
I get the point why domestic demand is so crucial for an economy and why government's worry so much on consumer confidence and why all these consumer confidence surveys are conducted asking people about the current and future expectations of growth.
Higher consumer confidence means greater willingness to spend. This also makes sense from the point of view that government's would not like a sustained bear market and hence asked LIC in the past to pump in money.
Equity markets are proxy to GDP growth for retail investors and low investor confidence over prolonged period can lead to lower consumer confidence. ( I may be wrong with this assumption. Correct me if I am missing something here)