Highlights

- The personal savings rate is expected to average around 6-7% over the next five years, double the rate of the last five years.

- The increase in the personal savings rate will reflect less willingness to count on capital gains to provide for future savings, a slower trend rate of consumer spending, and lingering memories of the recent drop in home and equity prices.

  • World Leaders Meet In Davos

    The annual forum has kicked off in Davos, Switzerland and will run through Friday. Here is how you can watch each event.