Forbes: The August Rally Won’t Stop Defaults

Businesses relying on foot traffic and in person visits are suffering tremendously.

COVID-19 made it more challenging for distressed companies, says George Schultze in his new @Forbes blog. Many saw a drop in revenue of over 25% due to shutdowns which can trigger bankruptcies. There’s also opportunity for investors who know how to balance value, fundamentals, & risk.

Forbes 9.23.20

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