Continuing on the bankruptcies theme:
US small business bankruptcies rising at worst pace since pandemic – WSJ.
6 months before the Bitcoin halving – are you ready for the bull market?
Look at the screenshot from 2019. Anyone could have bought BNB or MATIC and turned $100 into $10,000. No one knew what is BNB or MATIC back then.Now is 2023.…
Evergrande’s founder is under police control
Hui Ka Yan, the billionaire who heads the distressed China Evergrande Group, has been taken under police control, according to people familiar with the situation. It’s not clear why Hui…
Stocks that drove rally are now down 10%
The US stock market rally in the first half of 2023 was built on technology stocks as investors bet on the resilience of US consumers and excitement around artificial intelligence…
Evergrande crisis worsens as defaults pile up
The crisis at China Evergrande Group deepened on Monday after its mainland unit said it was unable to repay onshore bonds, adding a new layer of uncertainty to the developer’s…
US markets’ sunny mood about to fade away
Consumer stocks, which have been one of the brightest corners of the market this year, are about to lose their luster as risks to the sector mount, according to Morgan…