Low P/E Ratios Spell Opportunity as Investors Flee to T-Bills
Dec 22nd, 2008 | By Greg Guenthner | Category: Featured, Macroeconomics, Technology
Here in the United States, the household savings rate has stayed below 2.5% since 1999, according to our friends over at The Economist. Instead of stashing our money in savings accounts, we spent with reckless abandon and used our homes as savings, borrowing against their ever-increasing value whenever cash was ...read more
