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Bankruptcy blitz highlights the end of the easy-money era

From axios.com

When Vice Media filed for bankruptcy this week, it was one of seven large Chapter 11 bankruptcies in a two-day span that started on Sunday. Why it matters: That’s a lot — and more are likely on the way. Vice’s bankruptcy documents tell the story in painstaking detail of what happens when the easy-money era comes to an end. The big picture: That era ended just over a year ago when the Federal Reserve embarked on one of the steepest and fastest rate-hiking campaigns in history — and it takes about that long for the consequences to really start trickling through the market. • One of the most visible effects is ... (full story)

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  • Category: Fundamental Analysis