- The household sector may be one of the most impacted sectors from the recent market rout, given their increased appetite in months prior to the downturn.
- The equity market downturn may weigh on household consumption first through the negative wealth effect and later through higher opportunity cost for consumption.
- SBN yields have been allowed to rise to counter equity outflows, adding another speed bump to the short-term growth outlook in the wake of the recent selloffs.
