Skip to content

US Savings Level Lowest Recorded Since 1970

The graph speaks for itself. All of the savings accrued due to fiscal stimulus after COVID is being eaten away by higher prices and slower growing wages. We can speak about the job market being strong, but you cannot ignore the fact that the majority of Americans are living paycheck to paycheck to credit card…

Posted in Economics, Markets, Personal Finance.

Copyright © 2009-2013 SurlyTrader DISCLAIMER The commentary on this blog is not meant to be taken as an investment advice. The author is not a registered investment adviser. There is no substitute for your own due diligence. Please be aware that investing is inherently a risky business and if you chose to follow any of the advice on this site, then you are accepting the risks associated with that investment. The Author may have also taken positions in the stocks or investments that are being discussed and the author may change his position at any time without warning.

Yellow Pages for USA and Canada SurlyTrader - Blogged