Economists warn: US stocks may be brewing a "subprime crisis-style" bubble!

JIN10
2024.07.31 09:13
portai
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The US stock market is showing signs of a dangerous debt bubble, with economists warning that it could spread to the entire financial sector. While most economists do not believe that a subprime mortgage crisis-like situation will occur, some heavily indebted and unprofitable companies are already facing difficulties. The losses of these troubled companies could contaminate other market sectors, making it crucial to strengthen scrutiny of non-productive, highly leveraged assets to avoid a financial crisis. In addition, Wall Street experts are also expressing concerns about the US stock market and the increasing corporate debt