Obtaining credit will be “much harder”; Bankruptcies are rising at the fastest rate since the pandemic.

Obtaining credit will be “much harder” pic.twitter.com/Pd2gXm5mn3

— Win Smart, CFA (@WinfieldSmart) October 11, 2023

Rapid rate hikes have helped fuel an increase in company failures this year—and there’s probably more pain to come. 

Bed Bath & Beyond is one of the more well-known brands to implode this year under the weight of, among other things, higher interest rates triggered by the US…

— Win Smart, CFA (@WinfieldSmart) October 6, 2023

Small Business turning around? 🤔 pic.twitter.com/g4WErgjTa1

— Win Smart, CFA (@WinfieldSmart) October 11, 2023