According to Merrill Lynch's 2016 Workplace Benefits Report, only 24% of millennials surveyed say they are in control of their finances and 40% report an unmanageable amount of debt.
The latest study from Merrill Lynch appears to support what Democrats have been saying...millennials are cracking under the weight of too much student debt.
Who needs the Fed? Interest rates are already rising, and Bank of America is reaping a windfall.
The credit derivatives market is worth trillions, but are they really a time bomb waiting to decimate the financial markets? Warren Buffett's warnings haven't scared Citigroup.