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Peter Schiff predicts Democratic victory as U.S. saving rate falls to 4.1%

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  • Peter Schiff predicted Democrats will win the November midterm elections.
  • 4.1% was the August U.S. personal saving rate, the lowest since November 2022.
  • U.S. personal income rose 0.2%, while personal consumption expenditures increased 0.9% in August.
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