06/28/2017: What the economy looks like for millennials of color
Millennials are the largest and most diverse generation of Americans, with about 19 percent of them identifying as Latino or Hispanic, 13 percent as black or African-American and six percent as Asian-American. According to a new report called "Gen Forward," African-Americans and Latino millennials are more likely to be economically vulnerable than their white and Asian-American counterparts. We talk to one of the study's authors about these findings. Also, yesterday Federal Reserve Chair Janet Yellen said "asset valuations are somewhat rich," which is Fed speak for "stock prices are high." But does that mean we are heading for a bubble?
Millennials are the largest and most diverse generation of Americans, with about 19 percent of them identifying as Latino or Hispanic, 13 percent as black or African-American and six percent as Asian-American. According to a new report called “Gen Forward,” African-Americans and Latino millennials are more likely to be economically vulnerable than their white and Asian-American counterparts. We talk to one of the study’s authors about these findings. Also, yesterday Federal Reserve Chair Janet Yellen said “asset valuations are somewhat rich,” which is Fed speak for “stock prices are high.” But does that mean we are heading for a bubble?
