Tag
wealth effect
2 articles

Stock Surge Triggers Retirement Wave Among Workers 55+
A 1.4-percentage-point drop in labor force participation for older workers since August 2024 coincides with the S&P 500's 26%, 25%, and 18% annual returns and a record $12.8 trillion quarterly wealth gain.
Elisha Cuthbert's West Hollywood Home Sale Flags Luxury Real Estate Pressure
The actress sold her West Hollywood home for $1.9 million after a price cut, raising questions about premium valuations in wealth-sensitive equities.