Home › Forums › Financial Markets/Economics › WoooHooo. Consumer spending is up, savings and income down…..
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smshorttimer.
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AuthorPosts
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August 4, 2009 at 7:02 AM #16131August 4, 2009 at 8:44 AM #440582
creechrr
ParticipantWhy do I bother saving?
Sincerely,
Disgusted
August 4, 2009 at 8:44 AM #441358creechrr
ParticipantWhy do I bother saving?
Sincerely,
Disgusted
August 4, 2009 at 8:44 AM #441186creechrr
ParticipantWhy do I bother saving?
Sincerely,
Disgusted
August 4, 2009 at 8:44 AM #441115creechrr
ParticipantWhy do I bother saving?
Sincerely,
Disgusted
August 4, 2009 at 8:44 AM #440782creechrr
ParticipantWhy do I bother saving?
Sincerely,
Disgusted
August 4, 2009 at 9:30 AM #440787pencilneck
Participanthttp://martincapital.com/chart-pgs/Pg_peris.htm
The numbers quoted in the Yahoo article are nearly completely meaningless without being seen in context.
Spending has been dropping a little more sharply than incomes, so its not too big a deal that spending is up a bit, in my opinion. No green shoots here.
August 4, 2009 at 9:30 AM #441363pencilneck
Participanthttp://martincapital.com/chart-pgs/Pg_peris.htm
The numbers quoted in the Yahoo article are nearly completely meaningless without being seen in context.
Spending has been dropping a little more sharply than incomes, so its not too big a deal that spending is up a bit, in my opinion. No green shoots here.
August 4, 2009 at 9:30 AM #440587pencilneck
Participanthttp://martincapital.com/chart-pgs/Pg_peris.htm
The numbers quoted in the Yahoo article are nearly completely meaningless without being seen in context.
Spending has been dropping a little more sharply than incomes, so its not too big a deal that spending is up a bit, in my opinion. No green shoots here.
August 4, 2009 at 9:30 AM #441191pencilneck
Participanthttp://martincapital.com/chart-pgs/Pg_peris.htm
The numbers quoted in the Yahoo article are nearly completely meaningless without being seen in context.
Spending has been dropping a little more sharply than incomes, so its not too big a deal that spending is up a bit, in my opinion. No green shoots here.
August 4, 2009 at 9:30 AM #441120pencilneck
Participanthttp://martincapital.com/chart-pgs/Pg_peris.htm
The numbers quoted in the Yahoo article are nearly completely meaningless without being seen in context.
Spending has been dropping a little more sharply than incomes, so its not too big a deal that spending is up a bit, in my opinion. No green shoots here.
August 4, 2009 at 1:26 PM #441251UCGal
ParticipantI think it has more to do with declining income and therefore less discretionary income. Most people have some fixed costs (rent, food, gas for the car, etc)… those don’t go away or shrink when your income drops.
The May figures were inflated due to some of the stimulus. June is back to our nominal, sucky economy… less income, but we still have bills, so lower savings.
August 4, 2009 at 1:26 PM #441423UCGal
ParticipantI think it has more to do with declining income and therefore less discretionary income. Most people have some fixed costs (rent, food, gas for the car, etc)… those don’t go away or shrink when your income drops.
The May figures were inflated due to some of the stimulus. June is back to our nominal, sucky economy… less income, but we still have bills, so lower savings.
August 4, 2009 at 1:26 PM #440647UCGal
ParticipantI think it has more to do with declining income and therefore less discretionary income. Most people have some fixed costs (rent, food, gas for the car, etc)… those don’t go away or shrink when your income drops.
The May figures were inflated due to some of the stimulus. June is back to our nominal, sucky economy… less income, but we still have bills, so lower savings.
August 4, 2009 at 1:26 PM #441180UCGal
ParticipantI think it has more to do with declining income and therefore less discretionary income. Most people have some fixed costs (rent, food, gas for the car, etc)… those don’t go away or shrink when your income drops.
The May figures were inflated due to some of the stimulus. June is back to our nominal, sucky economy… less income, but we still have bills, so lower savings.
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