First Published: 25 Jan 2023, 04:37 PM IST
What is reverse wealth effect? MintGenie explains
Updated: 25 Jan 2023, 04:40 PM IST
TL;DR.Have you wondered whether consumption tends to decline during bearish market when investors witness mark-to-market losses. This is known as reverse wealth impact —psychological impact of witnessing a decline in investors’ wealth.
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