Small businesses in the United States are filing for bankruptcy at a rate not seen since 2020.
The four-week moving average for private filings in late February was 73% higher than in June 2020, according to the note from UBS Evidence Lab, which shows private bankruptcy filings in 2023 have exceeded the highest point recorded during the early stages of the Covid pandemic by a considerable amount.
One of the more undera...

Another bailout great.. here comes more inflation

Hey, mooers!
Welcome back to Monthly Buzz. Earlier in February, both S&P 500 and Nasdaq soared to about five-month highs as Meta led a rally in the tech sector. However, the good times did not last long. Elevated valuations for overall US stocks, poor financial reports during earnings season, and rising interest rates left little room for future gains. Major indexes fell following the release of hotter-than-expected data on the labor market and...