George Kesarios

U.S. Consumers Are Changing Habits and Lifestyles

To be honest, I am also not that optimistic that Americans will change their ways soon. However, I do believe in market forces and if a recession or high debt levels force them to change then that’s good enough for me.

Having said that, I do agree with Carlos Lam that we need to see more data.

I also agree with the points made by RiskReturnOptimizer and also Donald Ingram that the savings rate will be high for many many years.