The Long Weekend

Personal incomes are up, good news for the market. Along with this, we are, of course, spending more. The average savings rate for Americans, including debt repayments, is near zero! Don't save for tomorrow what you can spend today. Markets are flat this morning, as Wall Street prepares for a long holiday weekend and the beginning of Summer. Trading is usually light on the day before a holiday, so don't expect big moves. Have a fun and safe Memorial Day!