-$167.2 billion! From March 2023 to April 2023, M2 (U.S. money stock–currency and coins held by the non-bank public, checkable deposits, and travelers’ checks, plus savings deposits, small time deposits under 100k, and shares in retail money market funds) DECREASED by $167.2 billion. May 24, 2023 2:13 pmMay 23, 2023 9:14 pm
Fed’s Economic Well-being US Household 2022: “fewer adults reported having money left over after paying their expenses. 54% of adults said that their budgets had been affected “a lot” by price increases.” “51% of adults reported that they reduced their savings in response to higher prices.” May 23, 2023 7:06 amMay 22, 2023 11:16 am
Government Shutdown Debt Default Reduced Social Welfare Recession 0 Savings, Retirement, 401ks The fallout will be immense May 18, 2023 5:02 pm
Still raising: 36% US adults with more credit card debt than total savings May 9, 2023 8:25 amMay 8, 2023 9:05 am
69% of Americans Pessimistic About Economy, 49% Tapping Into Savings to Cover Expenses April 21, 2023 8:28 amApril 20, 2023 8:55 pm
$AAPL Apple Card’s new high-yield Savings account from Goldman Sachs, which offers a high-yield APY of 4.15 percent April 17, 2023 9:15 pm
Vanguard has a new savings account option with 4.25% APY & FDIC coverage of up to $250,000: March 30, 2023 7:25 pm
They want to come after retirement savings in the stock market because its not “GREEN”? March 21, 2023 9:52 am
Coping With Inflation? US Personal Savings Declines -64.8% YoY In November As M2 Money Growth Falls To Lowest In History (0% YoY) January 7, 2023 4:10 pm
Elon Musk complains that running Twitter is a drain on his life savings and is a lot of ‘pain’ – puts on Tesla? December 20, 2022 4:16 pm
US Real GDP Growth Forecast To Be Dismal 0.50% In 2023, Personal Savings Rate -67.9% YoY In October, US Mortgage Rates Headed Down (Economic Lights On But Nobody’s Home) December 18, 2022 8:33 pmDecember 18, 2022 8:24 am
Americans Personal Savings Has DroppedTo 3.2%. You Think Inflation Is Bad Now? Wait Until Next Year! December 8, 2022 8:54 amDecember 6, 2022 11:43 pm
