wall street nuggets

The February savings rate was quite encouraging again.  If it stays in the 2-4% range, it would appear to be a silver lining to the current recession.

The above plot is for monthly personal savings relative to disposable income (seasonally adjusted) since 1990.  I would expect some additional trends to set in after the baby boomers start to retire, but in the short term the  bounce back from 2006-2008 is a pleasant surprise.

Last post on this topic.

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