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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Chip McVickar who wrote (3397)3/8/2001 2:05:04 PM
From: Hawkmoon  Read Replies (3) of 33421
 
Bingo Chip!!!!

I've never understood this "Americans aren't saving" crap either.

I mean, what the heck are these 401K plans anyway, if not savings.

I guess they would rather us all have our money in CDs and checking accounts, eh?

Maybe they would rather we be like the Japanese with $12 Trillion in personal savings, an economy in recession, continuing deflation, and a stock market making new lows.
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