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

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To: bond_bubble who wrote (65580)7/8/2006 1:20:22 PM
From: mishedlo  Read Replies (1) of 110194
 
Saving is spending less than you make.
It does not take into account asset appreciation, asset depreciations, bankruptcies, stocks falling to zero or anything else.

When I say the savings rate will go up, I am suggesting that people will stop spending more than they make.

That act will obviously not be good for consumption and therefore the stock market by implication.

Mish
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