The sharp rising personal savings rate
The latest reading was 6.9%, a 16-year high. Are we witnessing a fundamental shift in American consumption??
(click to enlarge; source: St. Louis Fed)
Thoughts and discussions on economics, finance and investing, with a focus on China – a publication by MG Research
The latest reading was 6.9%, a 16-year high. Are we witnessing a fundamental shift in American consumption??
(click to enlarge; source: St. Louis Fed)