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US corporations are filing for bankruptcy at the fastest pace since 2010 -- Puppet Masters -- Sott.net

One would not know it from looking at the S&P which just hit a 2023 high, but there is a bit of a bankruptcy crisis sweeping the US where companies are filing for bankruptcy at the fastest pace in 13 years, in a clear sign of a tightening credit. ....

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More companies file bankruptcy after 2-year lull

Corporate bankruptcies are edging back up after a two-year lull as pressures in the economy grow, a situation sure to worsen if the nation s political leaders fail to reach a deal to prevent the government from defaulting on its debt. ....

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