Personal SavingShort
(Personal Savings vs IXIC) * Purchasing Power of USD
(Personal Savings vs IXIC) * Purchasing Power of USD
I noticed Personal Savings is very bearish, near 2011 levels. So I multiplied the Purchasing Power of USD by DXY and the IXIC, Composite Index. So it's a more fair comparison of value to the past. Then I adjusted the Decimal Places, so they would be in the same scale, for better comparison.
As the arrows point out, when Personal Savings falls below the Andrew's Pitchfork Median, Bear markets start. With Unemployment up, and a dead housing market, this is a bad sign.
I noticed Personal Savings is very bearish, near 2011 levels. So I multiplied the Purchasing Power of USD by DXY and the IXIC, Composite Index. So it's a more fair comparison of value to the past. Then I adjusted the Decimal Places, so they would be in the same scale, for better comparison.
As the arrows point out, when Personal Savings falls below the Andrew's Pitchfork Median, Bear markets start. With Unemployment up, and a dead housing market, this is a bad sign.
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