The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: sonofhino	2/8/2006 3:48:20 PM
	Read Replies (3) of 110194

Any comments? Despite what bearish commentators may be telling you about the health of the U.S. economy, the notion that U.S. consumers are spending more than they are earning after-tax is an "old wives tale," say some economists. NEIL MURRAY The best measure of household savings in the U.S. is the Federal Reserve's quarterly flow of fund accounts, says Claymore's chief economist, Brian Wesbury. According to this data, U.S. households had $62.5 trillion in assets at the end of September, $11.4 trillion in liabilities and a net worth of $51.1 trillion. "This is a record level and $5 trillion more than a year earlier," Wesbury exclaimed in a note to clients last week. Of the increase, financial assets improved by $3.3 trillion U.S. suggesting that U.S. households may be one of the best savers in the world. Market bears have long touted a negative savings rate statistic as a reason to be skeptical of the future health of the U.S. economy. What are they missing, if anything? lfpress.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next