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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{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} — the highest level in seven months and the biggest month-over-month jump since July 2021. While cash savings look more attractive now given the higher…
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Why many EV buyers still prefer dealerships
The effects? Prospective purchasers want to use each on line and in-particular person means to buy an EV. The report indicates equally legacy and EV professional automakers supply an omnichannel buying experience, claimed K.C. Boyce, Escalent’s vice president of powertrain innovation and vitality transformation. The dealership will keep on being a pivotal element of an EV intender’s buying expertise, in accordance to the report. The study finds 74 {515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} of respondents would like to purchase an EV at a dealership, relatively than from an vehicle company or 3rd bash. Individuals who very own an EV, EV intenders and youthful purchasers are additional probable to prefer paying for instantly from an…
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