Corporate Bankruptcies On Pace For 15-Year High As More “Isolated Incidents” To Occur First came the spectacular implosions of subprime auto lender Tricolor and auto-parts supplier First Brands. Then came the regional-bank fiasco, prompting JPMorgan CEO Jamie Dimon to warn that more late-cycle accidents may be ahead. Add in signs that lower-income consumers are tapped out, frothy valuations across the AI equity sphere, and even Bitcoin sliding below $100,000, and it’s no surprise that many are beginning to wonder whether mounting financial stress signals the early stages of a broader downturn. Another flashing red warning sign is new data from… — Continue at ZeroHedge News : Read More
