Hellow guys, Welcome to my website, and you are watching Bankruptcies increase for 5th month in a row, also Gen X and Millennials under most financial stress. and this vIdeo is uploaded by Yahoo Finance at 2024-02-26T12:17:18-08:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Bankruptcies increase for 5th month in a row, also Gen X and Millennials under most financial stress |
| Video Uploader | Video From Yahoo Finance |
| Upload Date | This Video Uploaded At 26-02-2024 15:17:18 |
| Video Discription | Financial stress declined by 3.2 points for the American consumer month-over-month, according to LegalShield's Consumer Stress Legal Index. However, the data also revealed rising bankruptcy inquiries, potentially signaling difficulty for the economy going forward. Matt Layton, LegalShield SVP of Consumer Analytics, joins Yahoo Finance to discuss consumer confidence and what may lie ahead for the broader markets. When asked about the near-term economic outlook, Layton says: "Our flagship indexes, composed of three individual indices that looks at bankruptcies, consumer finance, and foreclosures. I think the story here is that bankruptcy data. The bankruptcy index increased for the fifth conservative month in a row, and right now it's at its highest level since March of 2020. What's extremely interesting about this is our LegalShield bankruptcy index, actually leads the bankruptcy filings reported by the US Court system by up to two-quarters of six months. So we fully believe the increases we're seeing today are going to be sustained for at least the next six months." #youtube #Bankruptcy #money About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance |
| Category | News & Politics |
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