No. of Recommendations: 3
The UMI is new and proprietary to Upstart and they haven't backfilled beyond 2017.
There's a measure published by the Fed that is used in the UMI calculation and
is sort of an inverse proxy for the UMI. It goes back to 1960. It's called the
Personal Savings Rate. Although there was some increased volatility with this
measure in the 2007-2010 period, it was nothing like what we've experienced in
the last three years.
St. Louis Fed (FRED): Personal Saving Rate (PSAVERT) | FREDEars
