Analysis Topic: Companies Analysis
The analysis published under this topic are as follows.
Thursday, July 08, 2021
Why U.S. Corporate Bankruptcies Could Skyrocket / Companies / Financial Markets 2021
By: EWI
"U.S. bankruptcies in the first quarter of 2021 and all of 2020 were above the 13-year average"An April 17 article headline on the website of National Public Radio says:
U.S Economy Looking Good As Spending Jumps In March
And, on April 29, The New York Times said:
Americans' spending on durable goods -- cars and furniture and other goods meant to last a long time -- rose at a stunning 41.4 percent annual rate in the first three months of the year.
Considering that the economy is "looking good," economic observers might conclude that a wave of corporate bankruptcies is of little concern.
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