Consumers have been on a spending spree, but economists are beginning to question the long-term viability of this trend. The most recent data on personal consumption expenditures has raised concerns among some experts, who view the current situation as "unsustainable." The primary cause for alarm is the decline in the share of disposable income that people are able to … [Read more...] about The Challenge of Sustaining Consumer Spending
Savings
Understanding the Nuances of Investing in I Bonds
The new rate for Series I Bonds starting on Nov. 1 will be 5.27% – a combination of a 1.3% fixed rate and a 3.94% inflation rate. This increase in fixed rate is significant, as it is the highest since 2007, according to Ken Tumin, editor of DepositAccounts.com. Investors were drawn to Series I bonds during a period of high inflation due to the attractive rate of return, which … [Read more...] about Understanding the Nuances of Investing in I Bonds
