On the subject of things that don’t seem to make sense…….
Kiplinger has an article about how consumer confidence is at a 4 year high. I confess. This just doesn’t make a lot of sense to me. Gas prices are at an all time high, interest rates are rising which could have multiple impacts on consumers (credit card rates increasing, adjustable mortgages going up etc), credit card balances are over $9000 on average, the nation’s savings rate is a negative number, the global economy has multiple ramifications for our nation’s workers, we have troops on the ground fighting in two conflicts, global nuclear tensions are increasing, yet apparently nobody is worried about any of these things. (okay, gross generalization).
http://www.kiplinger.com/personalfinance/apnews
Ahhhh. We are a nation of optimists. On a completely different note, I didn’t save a ton of money on my car insurance.