THE BANKRUPTCY OUTLOOK AND A TRIFECTA OF FACTORS: GLOBAL RISK, INFLATION, RISING RATES
23TH JUNE, 2022 | 1:00 PM – 2:00 PM EDT
U.S. corporate bankruptcy filings with over $1 billion in liabilities reached a 7-year low in 2021, and the market saw record-setting M&A levels, making for a rosy and optimistic 2022 outlook. However, since early February, markets have become much more volatile. Inflation and interest rates have risen, and many other global factors, such as the Russia-Ukraine conflict, pandemic, supply chain issues, and labor shortages, remain tenuous.
