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While this week the dow closed at 10,620. a gain of ten points, ten years. i'm just saying. a new study shows even though there are signs that the economy is rebounding, many americans are holding on to their dollars and they have no plans to spend freely, joining me now is msnbc financial analyst vera gibbons. good morning. frugality here to stay, you think? >> there's good news and bad news, we're chipping away at our credit card debt and we don't want to assume more debt, we're saving more. we put away over 6% of our income last week, during the height of the boom years we were in negativ...

A remarkable phenomenon from the financial markets to tell you about. call it the dow's lost decade. ten years of dramatic days on wall street, and the market is right back where it began. in may of 2000, the industrial average was at 10,609 points. this week it closed at 10,620. that's a gain of just ten-plus points. imagine the money gained and lost in that time. here's another note. a bill earlier this morning we did a graphic that mistakenly had the wrong logo. that was of the dow chemical. that was the error, it could have been the logo of down jones. we're going to make mandatory that pe...

For this one. you're not going to be able to do it probably with just your degree from undergrad. most of those jobs require that you have a ph.d.. so something to keep in mind. maybe it's a good time to stay in school. the economy's shaky. for stocks, lots of flatline dancing today. the u.s. could lose its topnotch credit rating making it more difficult for the government to borrow money. as you can see, not a lot going on. off four points, 10,620. maybe if you have someone going to college, you may want to tell them to look at engineering jobs. >> there you go. influence the major. thanks, s...