A host of factors — including a big hike expected in Social Security payments — will keep the economy humming along, according to Greg Valliere, chief U.S. strategist for AGF Investments. "We've always believed that the key to a solid economy is real disposable income — the amount of available cash in people's pockets," Valliere said Tuesday in his Capitol Notes email briefing. "This supports our view that the current outlook is very solid, despite yesterday's panicky reaction to a Covid spike." The markets, Valliere contends, "are overlooking several factors that will keep real disposable income — and the economy — in very good shape." Click through the gallery above for six factors Valliere says will support a healthy economy.
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Sponsored by Allianz Life Insurance Company of North America and Allianz Life Financial Services LLC
Year-end 2024 Tax Topics Checklist