59% of Companies in Bear Market as S&P 500 Hits Record High
- 1The S&P 500 is at an all-time high, but 59% of companies are in a bear market.
- 2Federal government debt is increasing due to a $2 trillion fiscal deficit.
- 3Argentina's annual inflation rate recorded over 250% two years ago.
So what's the key point?
While the index has reached a record high, more than half of the companies are going through a difficult period. Government debt is rising to $2 trillion and inflation is also in a serious situation.
Source Daily Reckoning · View original ↗
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