Our economic outlook is a classic case of "bad news hits harder." 📉😟 A study shows we react much more strongly to negative financial shocks than positive ones. 📈😊
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#EconomicOutlook #FinancialShocks #NegativeNews #MarketTrends #BehavioralEconomics
Read Full Article
#EconomicOutlook #FinancialShocks #NegativeNews #MarketTrends #BehavioralEconomics
Emerald Publishing
The impact of financial stress on consumer confidence: evidence from survey data
Purpose. This paper explores the impact of financial stress (FS) on consumer confidence (CC) using survey data.Design/methodology/approach. We use novel household-level survey data on CC by the Reserve Bank of India. FS data come from the financial stress…
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