Daily Archives: May 29, 2009

Consumers dump the stock market and embrace savings

by Hans Eisenbeis WHAT’S HAPPENING We know consumers are in emergency savings mode during the Great Recession. So where are they putting their money for long term returns? Forget the stock market. According to a new poll from Gallup, Americans’ confidence in stock and bonds is down a whopping 50% since 2007 (Gallup.com 5.8.09). Not […]

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