2min chapter

Forward Guidance cover image

Jay Powell’s Plan To Kill The “Fed Put” | Danielle DiMartino Booth

Forward Guidance

CHAPTER

The Economic Gloom of Bankruptcy

Government bankruptcies, according to Epic, EPIQ are up 105% year over year. But a lot of smaller companies don't even have the money to file Chapter 11,. A lot of them pay off their creditors slowly, even though they're out of business. 37% of all non-farm payroll job creation in last 12 months has come from birth of new companies.

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