Big-picture, today’s small savings rate could reflect a weakened consumer, or a more robust consumer that’s deciding to buy now (potentially due to inflation fears). It’s likely some degree of both. However, news this morning offers an additional clue. According to Epiq’s Bankruptcy Analytics platform, bankruptcy filings across all types rose 10% from a year ago to 35,355, Investor Place reported.
Read this article from Investor Place – featuring bankruptcy statistics powered by Epiq – to learn more about how the stock market is being valued in a record-low month.
Read the full article here