http://www.theglobeandmail.com/servlet/story/RTGAM.20070201.wussavings0201/BNStory/Business/home something stinks!
Pretty uninformative article really...there are so many points that weren't discussed...any such article actually discussing what is reported, not reported, and how it's accounted for would be 10 pages minimum probably. Article doesn't seem to say much.
something has stunk for some time. i've been wrong for some time , but i'm sticking with my rydex tempest 500 fund . bgp
Yeah, and they don't cound certain investments as savings. Most folks I know keep only enough money in the bank to tide them over until they could sell investments in times of emergency. Is the typical savings account even keeping up with inflation? SM
So what does that mean? Could it mean that the feds are going to raise the interest rates so people will put their money into a saving account such as a high interest CD?
Eventually...thats another way to think of the mechanism they use to slow the economy. This implies that right now, they think there is just enough money out there circulating. Interesting...
Probably the most useless stat that the govt releases. http://www.elitetrader.com/vb/showthread.php?s=&threadid=80605