Households are sitting on large stashes of cash, economist looks at what it means for the economy

Households are sitting on large stashes of cash, economist looks at what it means for the economy
Households are sitting on large stashes of cash, economist looks at what it means for the economy

Yahoo Finance’s Julie Hyman, Brian Sozzi, and Myles Udland spoke with Wells Fargo Economist Shannon Seery about the accumulation of household savings, pent up demand for goods and services, and how consumers are expected to spend money as the economy opens up.