Bankruptcies break records
It's no cause for alarm
a 14-year high!
the usual suspects lead the way
‘troubled debt’ rising, says Fitch; ‘one of the greatest opportunities of the decade,’ says Oaktree
REIT discounts!
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Let it not be said that higher interest rates have been totally harmless.
A 14-year high!
Very quietly, bankruptcies are going to reach a 14-year high:
There have been 634 US bankruptcies this year through November, which is just four-off the 15-year high.
All it would take is another four bankruptcy filings in December to eclipse the 2020 mark (which was the highest since post-GFC turmoil of 2010).
The usual suspects lead the way
In terms of who is filing for bankruptcy, it’s the usual suspects:
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