There haven't been many bankruptcy filings π«°
The financial health of consumers and businesses is strong πͺ
Even as economic activity has cooled amid inflationary pressures and tight monetary policy, the financial health of consumers and businesses remains strong.
In a research note published last Wednesday, Goldman Sachs analysts shared this chart showing personal bankruptcy filing rates at their lowest levels in decades.
Similarly, S&P Global Market Intelligeβ¦
Keep reading with a 7-day free trial
Subscribe to π TKer by Sam Ro to keep reading this post and get 7 days of free access to the full post archives.