Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (34445)	11/25/1998 10:28:00 AM
From: RealMuLan	Respond to of 94695

Americans again dip into savings Latest numbers show spending still outpacing income ASSOCIATED PRESS WASHINGTON, Nov. 25 — Americans spent more than they earned again in October, borrowing and dipping into their savings, mutual funds and home equity to maintain their standard of living. The U.S. personal savings rate — savings as a percentage of after-tax income — was minus 0.2 percent last month. That followed a rate of minus 0.1 percent in September and was the worst performance since 1959, when the government began tracking the figure on a monthly basis. msnbc.com

To: Lucretius who wrote (34445)	11/25/1998 10:47:00 AM
From: Gersh Avery	Read Replies (2) \| Respond to of 94695

You may be correct in the future. But you were referring to the yen/dollar exchange values. When you say that the dollar will go nowhere but down I now presume that you are talking about the value of the dollar/euro. Is there another yardstick you would like to compare the dollar against? How about gold? Are not the Japanese printing money faster than the US? Gersh