Ep: 47 - part 2 - What 9% Savings Rate Can Tell Us

This Pandemic has changed the way people think about their money. We started accumulating more cash than we have in decades. If we expect to keep receiving stimulus checks, we would not see 9% savings rate. Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: Why Did the Market Go Up Even After the Fed Reduced the Stimulus Payments? @4:55 Update on Inflation @27:27 China’s Manufacturing Activities are Shrinking @33:32 Behavioral Changes in Personal Finance @37:26 And more! This episode was recorded on November 6th, 2021. If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com). We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.