FlowBank

1123 days ago • Posted by Jasper Lawler

$75k income cap meant not many stimmy checks went into the market

"Refinitiv indicates that eight in 10 (80%) of Americans plan to mainly put their stimulus checks into either savings (48%) or pay down debt (32%). Of the remaining Americans, only one in five (20%) plan to mainly do otherwise by either spending (15%) or investing (5%) the amount they receive."

#Macro
$75k income cap meant not many stimmy checks went into the market
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