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To: Joan Osland Graffius who wrote (161269)4/21/2002 11:45:20 PM
From: LLCF  Respond to of 436258
 
<<I don't know if it is rich people, but if you think of a fair number of people sitting on 70% cash or short term cash equivalents and 30% equities this could skew the numbers.>>

I'm just saying that I have no reason to suspect that the government numbers showing zero savings rate and very low savings rates for years now is wrong... the only positive I see is that apparently equities arent' included... so there are a hell of lot of savings there... right now.

DAK