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Bankruptcy Wave Has Begun and Many More Are Coming! Mispriced Markets End Badly
Markets are not pricing in a major rise in bankruptcies. Many companies are bankrupt. Many people are bankrupt. More money moving into the stock market. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped in from all sides, creating a massive bull market that apparently will never end as we are on a permanently high plateau. Stimulus driving markets higher.
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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It's simply data that is generally not found through conventional means.
#money #bankruptcies #bankrupt
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