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(Don’t)Mind The Economic Statistics—–Big Revisions Whipsaw Their Message - Printable Version

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(Don’t)Mind The Economic Statistics—–Big Revisions Whipsaw Their Message - Contra Corner - 08-03-2016

(Don’t)Mind The Economic Statistics—–Big Revisions Whipsaw Their Message

The Personal Savings Rate is a rather important economic indication. Because it is derived from the difference between income and spending, it can tell us a great deal about the state of the economy from the consumer perspective. Unfortunately, nobody can say with any degree of confidence what the savings rate is right now, or...


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