Credit cards continue to be the primary source of personal debt in America, accounting for more than double any other single source, according to experts.
Advisor Group chief market strategist Phil Blancato, Market Rebellion co-founder Jon Najarian, and SW Retail Advisors founder Stacey Widlitz discuss whether the market is showing signs of a 'severe' recession on 'The Claman Countdown.'
These findings are from the latest wave of Northwestern Mutual’s 2023 Planning & Progress Study. The study was conducted by The Harris Poll on behalf of Northwestern Mutual among 2,740 U.S. adults aged 18 or older.to be the primary source of personal debt in America, accounting for more than double any other single source, according to Kyle Menke, CEO of Menke Financial, a Northwestern Mutual firm.
"These differences help to demonstrate why everyone deserves their own financial plan to address their own unique financial situation," he added.
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