I doubt that the situation has improved, since 1998, since the national savings rate was positive, in 1998, but went negative, in 2005, and has remained negative, throughout 2006.There's been a huge run up in real estate values since 1998. If a home owner can resist the urge to cash out 100% then they've accumlated a fairly nice bit of equity. Very illiquid, but still some equity.I'm also curious at the number of people retiring. We're starting to see the baby boomers retire and a side effect of this could be a negative savings rate. If so, look for the negative savings rate numbers to get larger as more boomers retire.Paul
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<