Topic: David Wyss

Save or Spend: What's Better for the Economy?

SmartMoney - 828 days ago
Are Americans saving too much? "From a short-run perspective, having consumers hitting the malls again is good for the economy," Seiver says, "but we have had for many years this problem of consumption spending being too high a percentage of GDP. "There's ...

Zero Return on a T-Bill? Give Us a Break

SmartMoney - 1158 days ago
So much panicked cash is pouring into government bonds from every corner of the country and the globe that short-term Treasury yields actually turned negative, albeit briefly, on Tuesday. On Tuesday the government sold $30 billion in four-week Treasury bills at zero ...