SI
SI
discoversearch

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.
Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Bilow who wrote (9674)11/28/1997 10:44:00 AM
From: Joseph G.  Read Replies (1) | Respond to of 18056
 
Carl, <<Consumers appeared to be inclined to spend the extra income, rather than to boost savings. The Commerce Department said last month's savings rate was unchanged from September at 3.6 cents out of each dollar earned -- a relatively low rate reflecting evident
optimism about continuing U.S. economic expansion that consumers anticipate will mean steady income gains.>>

Joe



To: Bilow who wrote (9674)11/28/1997 11:19:00 AM
From: Jack Clarke  Read Replies (3) | Respond to of 18056
 
Carl:

Yes, there is some basic fallacy in the statement: "Everyone will be wealthy." Probably a contradiction in terms, since by definition only a small part of the population will have the wherewithal to buy the services of the less fortunate. Yet all the baby boomers visualize themselves slowly selling off their stocks and living a life of leisure. To whom will they sell? Especially in a declining or stable population.

Jack


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News