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Wells Fargo Economist Says Personal Balance Sheet Encourages Consumption

Tom Porcelli argues that improving personal balance sheets are supporting consumer spending in the US economy.

1 publisher · 3 articles · first seen 16 Oct 2026 · updated 13d ago

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The story so far

1 publisher has covered this in 3 articles since 16 Oct 2026. Bloomberg Markets published first, on 16 October at 18:38 UTC. The most recent article, from Bloomberg Markets, appeared on 16 October at 19:37 UTC.

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Sources

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  1. US Consumer Is 'Roughed Up,' But Spending, Porcelli Says Bloomberg Markets ·
  2. Incredibly Hands-Off With Own Finances: Porcelli Bloomberg Markets ·
  3. Personal Balance Sheet Encouraging Consumption: Porcelli Bloomberg Markets ·

In this story

  • Tom Porcelli
  • Wells Fargo
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