Skip to content
Feb 19 2021

DEMAND In Waiting!

  • Feb 19, 2021

Policy officials and the private sector devoted 2020 to bolstering future demand. Some of the fiscal stimulus was spent, but much of it was saved. Chart 1 illustrates that personal savings as a percent of GDP surged to a post-war high of 14%—more than 7.5% higher than average and 4% above its previous record high in the mid-1970s! That is a lot of future buying power!

Subscribe to Paulsen's Perspective

Paulsen's Perspective subscriptions include a no-obligation 14-day trial. Cancel at any time before the 14 days are over and you will not be billed.

Subscribe now
James Paulsen

Login

For full access, please enter your credentials.
Subscribe

About The Author

James Paulsen / Chief Investment Strategist

Interested in Investing in a Model?

Contact us if you are interested in investing in our ETF models.