The first hints that consumer belt-tightening is passing through to corporate earnings are coming in, posing a bigger risk to US equities than stock-selling by American households, according to Goldman Sachs Group.
The Government’s First Home affordable purchase shared equity scheme is set to be launched in weeks.
Consumer sentiment is “backpedalling” with one-third of households saying they are just making ends meet, according to Bank of Ireland’s latest Economic Pulse index.
