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Consumers opt for deposit safety over returns (access required)

by Rebecca Tonn

Published: October 22,2009

Time posted: 8:29 am

Tags: deposits increase, Market Rates Insight

The adage - a bird in hand is worth two in the bush - is proving true for investors, who are flocking to safety. In a continued sign of uncertain economic times, year-over-year financial institution deposits, as of June 30, increased $520 billion, indicating that investors are choosing safety over higher rates of returns from the stock market or other investments. A ...





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