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To: Rarebird who wrote (56906)8/1/2000 11:39:01 AM
From: Ahda  Read Replies (1) | Respond to of 116960
 
news.excite.com

With spending rising faster than income growth, Americans' personal savings rate slipped to 0.1 percent in June, its lowest level since a similar 0.1 percent savings rate in March.

The savings rate had actually dipped into negative territory in February at minus 0.1 percent, reflecting the fact that consumer spending during the first three months of this year was growing at the fastest pace in more than a decade.

The optimum balance sheet!
What is saved is in the stock market and bond market and ..
three hail Mary's !
two moments of silence, noon in the mid east!
and one big mess.