Why have the markets been so volatile recently?Read More
What can be learned from the savings rate?
The U.S. personal saving rate stood at 3.7% in January of 2017, a bit lower than its 10-year average of 5.5% and well below the recent five-year high of 11% in December 2012.
The personal saving rate is the federal government’s estimate of what percent of their incomes U.S. households are saving. But market watchers and economists are mixed on what can be learned from swings in the saving rate.Read More