Bankruptcies on the Rise: Temporary Adjustment or Ominous Sign?
- Bankruptcy filings are at levels comparable to the 2008 Great Recession and the 2020 COVID-19 pandemic downturn.
- Some analysts see this as a potential sign of impending market crashes based on historical patterns.
- The economy faces a threat from rising interest rates, potentially impacting the stock market.
Recent data reveals bankruptcy filings have climbed to levels comparable to the Great Recession in 2008 and the COVID-19 pandemic downturn in 2020.
— Whale (@WhaleChart) September 24, 2023
BANKRUPTCY FILINGS SURGE TO DANGEROUS LEVELS
Bankruptcy filings have recently reached levels on par with the Great Recession in 2008 and the 2020 COVID-19 pandemic.
This indicator often suggests that the economy isn't performing well, and has historically always been… pic.twitter.com/CJKQnTRhTc
Total bankruptcy filings recently matched figures seen during those prior crises. Some analysts take this as an omen of impending market crashes based on historical patterns.
However, the current forces driving bankruptcies differ from past episodes in key ways. 2008 resulted from systemic financial vulnerabilities, while mass closures sparked 2020’s wave. Today’s catal…
The post Bankruptcies on the Rise: Temporary Adjustment or Ominous Sign? appeared first on Coin Edition.
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Bankruptcies on the Rise: Temporary Adjustment or Ominous Sign?
- Bankruptcy filings are at levels comparable to the 2008 Great Recession and the 2020 COVID-19 pandemic downturn.
- Some analysts see this as a potential sign of impending market crashes based on historical patterns.
- The economy faces a threat from rising interest rates, potentially impacting the stock market.
Recent data reveals bankruptcy filings have climbed to levels comparable to the Great Recession in 2008 and the COVID-19 pandemic downturn in 2020.
— Whale (@WhaleChart) September 24, 2023
Bankruptcy filings have recently reached levels on par with the Great Recession in 2008 and the 2020 COVID-19 pandemic.
This indicator often suggests that the economy isn't performing well, and has historically always been… pic.twitter.com/CJKQnTRhTc
Total bankruptcy filings recently matched figures seen during those prior crises. Some analysts take this as an omen of impending market crashes based on historical patterns.
However, the current forces driving bankruptcies differ from past episodes in key ways. 2008 resulted from systemic financial vulnerabilities, while mass closures sparked 2020’s wave. Today’s catal…
The post Bankruptcies on the Rise: Temporary Adjustment or Ominous Sign? appeared first on Coin Edition.
Read More