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U.S. Bankruptcy Wave Surges Past 2020 Levels as Macro Pressures Mount
U.S. Bankruptcy Wave Surges Past 2020 Levels as Macro Pressures Mount
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BTCCSquare news:
Corporate bankruptcies hit a post-pandemic high in July, with 71 filings underscoring mounting stress from tariffs and elevated rates. While the S&P 500 rides the coattails of tech megacaps, cracks emerge in the broader economy.
Household names like Rite Aid and Del Monte Foods highlight the squeeze on traditional businesses. Supply chain disruptions and borrowing costs now eclipse pandemic-era challenges for many firms.
The Magnificent Seven's 34% S&P dominance masks underlying fragility. As policymakers grapple with trade wars and monetary tightening, market bifurcation may accelerate capital flows into decentralized assets.
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