Record investment income fuels consumer spending

Growing investment income and household wealth have joined near-full employment and rising wages to keep millions of Americans spending their way through price hikes. The economy’s charge through higher interest rates is putting unprecedented sums into consumers’ pockets, pushing U.S. asset values to records and helping many high earners avoid the withering effects of inflation. To read the full article by David Uberti, please visit wsj.com.

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