The gini coefficient is now below USA's 0.47 level, but above the western European counties (Germany:0.28, France:0.33). This is good news in terms of future growth prospects of the country. The low income groups tend to spend more of their disposable income, whereas high income groups save more. The countries with high consumption tend to grow faster as long as they can find foreign investors to invest in the country (i.e USA is in this situation).
This also tells us that more people will be able to afford big ticket consumption items, hence my bank and real estate stocks will keep benefiting from this trend. Read More!