$TRUMP
$XAU
#CPIWatch #USBankCompletesCrossBorderPaymentPilotOnStellar #EtherRalliesAsBearishBetsLiquidate #OpticalCommsStocksRallyOver3% #OpticalCommsStocksRallyOver3% How European Saving Habits Affect the Macroeconomy
The way European households allocate their savings could have far-reaching implications for economic growth. ING estimates that these households may have missed out on at least €1.17 trillion in wealth due to their preference for bank deposits over investment.
Financial savings among European households have risen to around 6% of income—about two percentage points higher than pre-pandemic levels. Higher saving rates weigh on consumption, limiting demand for goods and services across the region.
However, the deeper economic question is where this money ends up. Historically, European households have tended to hold a large share of their savings in the form of deposits, rather than channeling them into investment funds or stocks.
$XAU
#CPIWatch #USBankCompletesCrossBorderPaymentPilotOnStellar #EtherRalliesAsBearishBetsLiquidate #OpticalCommsStocksRallyOver3% #OpticalCommsStocksRallyOver3% How European Saving Habits Affect the Macroeconomy
The way European households allocate their savings could have far-reaching implications for economic growth. ING estimates that these households may have missed out on at least €1.17 trillion in wealth due to their preference for bank deposits over investment.
Financial savings among European households have risen to around 6% of income—about two percentage points higher than pre-pandemic levels. Higher saving rates weigh on consumption, limiting demand for goods and services across the region.
However, the deeper economic question is where this money ends up. Historically, European households have tended to hold a large share of their savings in the form of deposits, rather than channeling them into investment funds or stocks.
