Fri. Jul 5th, 2024

Tag: defaults

Defaults skyrocketed last year to the highest tally since the start of the pandemic – and 2024 is set to bring more pain to corporations
Companies have extended their debt maturities, averting a ‘tsunami of defaults’ from higher rates, Bernstein says

The credit crunch will bring a ‘rolling blackout’ of defaults as companies feel the pressure of tighter financial conditions, Bank of America says
The Senate passes the bipartisan debt ceiling bill, sending it to Biden’s desk just days before the US defaults

The credit crunch will spark a wave of corporate defaults and a recession as tight financial conditions put an end to the lending boom, Deutsche Bank says
The credit crunch is driving more bankruptcies and could spark a domino effect of defaults at larger firms, investment manager says

Gold could rally to a new record high if the US defaults and investors flee to safety
Corporate defaults are at their highest level in years, and it’s poised to get even worse. Here are the 5 biggest players who went broke in March.

Billionaire investor Howard Marks sounds the alarm on commercial real estate – warning of a wave of mortgage defaults