Americans saved hundreds of billions more than previously thought
Revised government data indicate Americans have hundreds of billions more in savings stashed away than previously believed.
Source: investmentnews.com
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Excess Savings? There's Another Explanation for Strong Consumer Spending
About the author: Robert Sockin is a senior global economist at Citigroup. The U.S. consumer has continued to spend almost unabated since last spring, even as…
Source: biztoc.com
Economists counter market bets of soft landing for global economy
Economists are at odds with markets over investors' optimistic bets that the global economy is set for a soft landing. Read more.
Source: financialpost.com
What is a soft landing? The elusive recession-dodging tactic explained
Projections for the economy may be looking up as the Fed eyes the possibility of a true "soft landing." But, what does that really mean?
Source: usatoday.com
M2 Contracted for a Sixth Straight Month. It's a Promising Sign for Inflation.
The decline in the money supply shows that the Fed's battle against inflation is working.
Source: marketwatch.com