Sun’s Financial Diary posted a graph on the uptick in the US national personal savings rate. It’s reached a 7-year high, breaking 3%. This is a far cry from the 1970s and 1980, when the savings rate was north of 10% of disposable income. Over the past fifty years we really haven’t excelled at saving, … Read more
A marketing company was kind enough to send me a review copy of Peter D. Schiff’s The Little Book of Bull Moves in Bear Markets. Mr. Schiff is the president of Euro Pacific Capital, Inc., and has earned the nickname “Dr. Doom” for his bearish take on the US markets and the US economy in … Read more
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