This time will be different“The investor who says, ‘This time is different,’ when in fact it’s virtually a repeat of an earlier situation, has uttered among the four most costly words in the annals of investing.”by ICLV-4260
Crash Incoming 12?United States Personal Savings ( USPS ) with the 100 EMA trend line . Since April 2020 spike, due to the 'stay at home' Covid year, savings are in a downfall. The trend line , now trending down again, was trending up since around April-May 2008. by SometimesLosingUpdated 4
Savings Rate - Free Falling - 90% CollapseWhois gonna buy all those Model Y's, iPhone 14's/13''s/11's, and assorted GPUs for strip mining Klepto Coins? Apparently - far fewer now. A 90% collapse in the Personal Savings Rate... Not Bullish. _____________________________________________________________________________________________ Coby HK_L616610
US Savings Rate Breaks Uptrend Since the GFC!The total savings in US accounts as a percentage of disposable personal income saw an incredible spike during the lockdowns as "helicopter money" and "stimmy checks" flooded the bank accounts of consumers, fueling an awe-inspiring comeback in retail sales. Unfortunately, however, the data shows thatShortby HypnoticStrix0