ilmscore | Companies In America Are Running Out Of Money

Companies In America Are Running Out Of Money

Published: 2024-04-09
Status: Available | Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
Saks Fifth Avenue experienced a significant increase in overdue bills, from 1.6% to 41.1% within a month, indicating potential financial distress.
"98.1% of the bills that Saaks Fifth Avenue has are pass due and if we scroll down a little bit you'll see on these blue charts you'll see that in January 2024 just 1.6% of saak Fifth Avenue bills were 91 days or more P due but by February 2024 41.1% of saxs Fifth Avenue bills were 91 days or more pass du"
Business Financial Distress
Pending
A retail employee with 22 years of experience states that current sales are the worst they have ever seen, with a noticeable lack of customers in recent weeks.
"she says yeah I've been working in the mall since 2002 and this is actually the worst I've ever seen now that got me interested I said what do you mean she says well we haven't really had that many customers over the last few weeks"
Retail Sales Slowdown
Pending
Business debt is expected to readjust in 2024, with a further increase in readjustments anticipated in 2025.
"the debt is starting to readjust now in 2024 and we'll have more debt readjusting in 2025"
Business Debt Readjustment
Pending
The economy has historically experienced a recession in almost every decade over the past century.
"pretty much every decade for the last century has seen a recession"
Economic Cycles
Pending
A record number of Americans made hardship withdrawals from their 401(k) accounts in 2023.
"in 2023 a record amount of Americans pulled money out of their 401K accounts through a hardship withdrawal"
401(k) Hardship Withdrawals
Pending