Break In – As mentioned in Monday’s post, we would not be surprised to see S&P downgrade Credit for companies, given there were already three downgrades for the other two big agencies…. Little did we know, later in the day Monday, S&P DID finally jump into the downgrade pool!
Timely Visual Capitalist Bankruptcy Update
Increased pressure in the Credit cycle (what the agencies are warning above) lead to Bankruptcies…
Yesterday this nice graphic landed in the inbox ! Not bombarding here, but thought it was an interesting additional view….
Bed Bath and Party City are likely the most familiar…but these are the biggies so far!
Have a Great “Credit Cycle” Update!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth