The Money Anxiety Index Could Help Predict the Next Downturn

After the great recession economic researcher, Dr. Dan Geller, created the Money Anxiety Index to measure consumer spending and savings habits; he wanted to see whether certain consumer behaviors could be early indicators of a slowdown or recession; after analyzing 50 years of data Geller was also able to link upticks in the index to economic downturns about 12 months in advance; the index hit an its lowest point in November 2018 and is starting to rise again indicating that another downturn is approaching. Source.

  • Peter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.