{"id":2052,"date":"2019-05-31T12:47:33","date_gmt":"2019-05-31T19:47:33","guid":{"rendered":"https:\/\/tradersnation.com\/?p=2052"},"modified":"2019-05-31T12:48:16","modified_gmt":"2019-05-31T19:48:16","slug":"al-caicedo-u-s-savings-rate-has-plunged-as-consumer-spending-soars","status":"publish","type":"post","link":"https:\/\/tradersnation.com\/index.php\/2019\/05\/31\/al-caicedo-u-s-savings-rate-has-plunged-as-consumer-spending-soars\/","title":{"rendered":"Al Caicedo: U.S. savings rate has plunged as consumer spending soars"},"content":{"rendered":"<p>Al Caicedo, President, and Owner of, \u201cCKS Summit Group, discusses with Kurt Schemers and Don McKelvey on Traders Nation\u00ae how the U.S. savings rate has plunged as consumer spending soars. As we take all this into focus, it seems as if Americans are \u201cbalance sheet rich\u201d, the static of prosperity is in the air, and on the surface, good times are back. And with that, many people refuse to believe that it can come to an end.<\/p>\n<p>Caicedo warns: Really strong winds are ahead of us, and that we all need to be careful and better prepared for any down-turn the economy may have. To make matters worse, data suggests Americans aren\u2019t even spending money they have, the population is taking on more debt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Al Caicedo, President, and Owner of, \u201cCKS Summit Group, discusses with Kurt Schemers and Don McKelvey on Traders Nation\u00ae how the U.S. savings rate has plunged as consumer spending soars. As we take all this into focus, it seems as if Americans are \u201cbalance sheet rich\u201d, the static of prosperity is in the air, and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":802,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[2,95,177],"tags":[253,111],"class_list":["post-2052","post","type-post","status-publish","format-video","has-post-thumbnail","category-featured","category-markets","category-personal-betterment","tag-consumer-confidence","tag-debt","post_format-post-format-video"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"U.S. savings rate has plunged as consumer spending soars. As we take all this into focus, it seems as if Americans are \u201cbalance sheet rich\u201d, the static of prosperity is in the air, and on the surface, good times are back. And with that, many people refuse to believe that it can come to an end.\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Kurt Schemers\"\/>\n\t<meta name=\"keywords\" content=\"data,data centers,storage,visa,mastercard,towers,retirement planning,trading,investing,stocks,volatility,market,stockmarket,charts,signals,patterns,customers,daytrading,5g,paypal,square,usa,\u200e,kurt schemers,don mckelvey,traders nation,bullish,bear,bonds,savings,bonuses,focus,consumer confidence,debt\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/tradersnation.com\/index.php\/2019\/05\/31\/al-caicedo-u-s-savings-rate-has-plunged-as-consumer-spending-soars\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.9\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Traders Nation\u00ae - Financial News, Stock Market Commentary and National Guests\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Al Caicedo: U.S. savings rate has plunged as consumer spending soars | Traders Nation\u00ae - Financial News, Stock Market Commentary and National Guests\" \/>\n\t\t<meta property=\"og:description\" content=\"U.S. savings rate has plunged as consumer spending soars. As we take all this into focus, it seems as if Americans are \u201cbalance sheet rich\u201d, the static of prosperity is in the air, and on the surface, good times are back. 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14:58:06","updated":"2025-06-04 03:47:56","seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/tradersnation.com\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/tradersnation.com\/index.php\/category\/top-global-news\/\" title=\"Top Global News\">Top Global News<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/tradersnation.com\/index.php\/category\/top-global-news\/markets\/\" title=\"Markets\">Markets<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tAl Caicedo: U.S. savings rate has plunged as consumer spending 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