Independent thinking for complex markets and current events
🚩🚩 𝗨𝗦 𝗖𝗢𝗥𝗣𝗢𝗥𝗔𝗧𝗘 𝗕𝗔𝗡𝗞𝗥𝗨𝗣𝗧𝗖𝗜𝗘𝗦 𝗔𝗧 𝗛𝗜𝗚𝗛𝗘𝗦𝗧 𝗟𝗘𝗩𝗘𝗟 𝗦𝗜𝗡𝗖𝗘 𝟮𝟬𝟭𝟬 Full Story → https://t.co/4TpL3JARAz Total Chapter 11 filings in the first seven months of 2023 surpassed the total filings for the previous year. pic.twitter.com/M4ZRmAC1RY — PiQ (@PiQSuite) August 7, 2023 Number of M&A deals YTD pic.twitter.com/luXVXQUst9 — zerohedge (@zerohedge) August 7, 2023
Credit card debt reaches $1 trillion with high interest rates, while car and housing affordability reach record lows. Government faces significant deficit. https://twitter.com/NorthmanTrader/status/1688295597306953728 MASSIVE BANKRUPTCIES & DEBT pic.twitter.com/vJaGR5ts6x — Win Smart, CFA (@WinfieldSmart) July 30, 2023 WELCOME TO 2008 IN CREDIT CARD 💳DELINQUENCY 👇 pic.twitter.com/wn2LTQqLrB — Win Smart, CFA (@WinfieldSmart) July 20, 2023 US 30-Year …
by Dismal-Jellyfish Source: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/july-filings-propel-2023-us-corporate-bankruptcy-tally-past-2022-s-total-76838356 US corporate bankruptcies rose again in July as high interest rates and a challenging operating environment continue to push US companies over the brink. S&P Global Market Intelligence recorded 64 corporate bankruptcy filings in July, the largest monthly total since March and more filings than in any single month in 2021 …
https://www.youtube.com/watch?v=faDQFhUSbDo Mcdonald’s is a fast food empire with over 40,000 restaurants across the globe and more than 13,000 locations in the United States. With an annual revenue of over $23 billion a year, the company is by far the largest burger chain in the world. Since the pandemic, it saw profits ballooning, despite citing rising …
by bitkogan While White House economic advisor Jared Bernstein suggests that Yellow’s bankruptcy was the result of excess debt following multiple mergers, labeling it as more of a ‘Yellow-specific story’ than as a broader economic concern, I see the situation somewhat differently. To me, this pattern of debt accumulation for acquisitions is rather indicative of …
'US business loan demand is crashing.' https://t.co/BSckFQu3WL via @SoberLook pic.twitter.com/L196ycmpUJ — Jesse Felder (@jessefelder) August 1, 2023 https://t.co/r1f0Gt6FMA — Win Smart, CFA (@WinfieldSmart) July 19, 2023 $BKLN $SRLN $JNK $SJNK$HYG $LQDhttps://t.co/2B4CVU45SS — Win Smart, CFA (@WinfieldSmart) July 20, 2023 The US saw a total of 340 bankruptcies in the first 6 months of 2023. This …
https://www.youtube.com/watch?v=96EADYqtBHA Domino’s store closings are soaring in 2023. The biggest pizza chain in the entire globe has admitted that it raised prices way too fast, and now it is facing the consequences of this decision as sales continue to fall in most of its locations in the U.S. and the world. The company is facing …
2/ Rising bankruptcies coincides with bond yields hitting 4%, a level previously associated with the Silicon Valley Bank collapse and UK pension fund crisis pic.twitter.com/tcC6aBY9UD — Bravos Research (@bravosresearch) July 20, 2023 4/ A Deutsche Bank survey indicates that over half of market professionals anticipate market stress due to higher rates While 20% foresee minimal …
Businesses have been failing at the fastest pace since 2010. In the aftermath of the Great Financial Crisis, a recent report by S&P Global Market Intelligence shows bankruptcy filings by year are at their highest level in 13 years.
by confoundedinterest17 The US has passed the 32 trillion mark in national debt, and is going much, much higher. More like 32 tons on the back of taxpayers. When we add unfunded liabilities like Social Security, Medicare and Medicaid, the tab soars to $224.5 TRILLION. New data show that a growing number of U.S. firms are collapsing …
by Dismal-Jellyfish Source: https://abi.org/newsroom/press-releases/commercial-chapter-11-filings-increased-68-percent-in-the-first-half-of-2023 The 2,973 total commercial chapter 11 bankruptcies filed during the first six months of 2023 represented a 68 percent increase over the 1,766 filed during the same period in 2022, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Individual chapter 13 filings increased by …
🇺🇸 US advance real retail and food services sales -2.4% YoY. Retail sales are flat ahead of #recession. pic.twitter.com/H0lh2sE15j — Alex Joosten (@joosteninvestor) June 15, 2023 🇺🇸 US larger corporate bankruptcy filings 286 YTD. Highest since 2010! (Publicly traded companies with at least $2 million in assets or liabilities and private companies with publicly traded …