Savings Gripe
Submitted by Atlas Indicators Investment Advisors on November 6th, 2022Savings are going away. A few days ago, regular readers were sent a note on income and outlays from the Bureau of Economic Analysis which includes data on the savings rate. In the note, Atlas highlighted the dismal rate of savings (currently 3.1 percent). It is understandable that households are less able to stash cash when inflation is rising while markets crash. But ou