Tag Archives: prefer

Americans prefer to cling to cash after shaken by stock market volatility

Americans prefer to cling to cash after shaken by stock market volatility

Last year’s stock market volatility rattled Americans so much that almost 2 in 3 prefer to have their money sit in cash on the sidelines rather than endure market swings. That is the latest finding from Allianz Life, which asked this question for the first time in a recent survey of 1,005 adults over 18 in December. And data released in January by the Department of Commerce shows that Americans are again starting to sock away more cash. The savings rate for December was 3.4% — the highest… Source link

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Bettors prefer Suns and Grizzlies over Warriors

Everyone loves a winner and that’s all the Phoenix Suns have been doing this season. After starting the year 1-3, the Suns quickly doused “flash in the pan” takes by reeling off 18 consecutive victories. They entered the All-Star break with a 48-10 record, winning their last seven games and 18 of their last 19. This dominant showing in the West has translated into significant money being wagered on BetMGM that the Suns repeat last year’s conference championship feat. Everything revolves… Source link

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