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.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Henry Volquardsen who wrote (13935)6/29/1998 10:00:00 AM
From: Lightning  Read Replies (2) | Respond to of 116766
 
Where is an increase in savings (from baby boomers or others) shown by the data? I thought U.S. savings rate was low and had been decreasing this year as consumption growth is exceeding income growth. Perhaps you meant that past savings have been progressively shifted from bank accounts, real estate, etc. into equities over the past sixteen years. I believe that this week's Barron's shows a chart that puts equity holdings as a percentage of family assets at an all time high (up from a trough in 1982)!



To: Henry Volquardsen who wrote (13935)6/30/1998 9:09:00 PM
From: PaulM  Read Replies (2) | Respond to of 116766
 
"savings drive by U.S. baby boomers" Henry, might it be more accurate to call it the boomers optimism that the market will do their savings for them?

Savings as a percentage of income--meaning the part of the pay check put away--is, I believe, at or almost at its lowest levels in decades.