'US business loan demand is crashing.' t.co/BSckFQu3WL via @SoberLook pic.twitter.com/L196ycmpUJ
— Jesse Felder (@jessefelder) August 1, 2023
— Win Smart, CFA (@WinfieldSmart) July 19, 2023
$BKLN $SRLN $JNK $SJNK$HYG $LQDt.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 is more than the first half of 2020 when the US went into a full lockdown.
It’s the highest number of first half bankruptcies since 2010.
Businesses are feeling the pain of higher interest rates. pic.twitter.com/urBW9QHJ3a
— The Kobeissi Letter (@KobeissiLetter) July 31, 2023
See also Pending home sales are collapsing, potentially marking the worst September since the 1990s.
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