Despite What Janet Yellen Says, the Economy is Not what She Says it is

Bankruptcy fillings have surged towards 2008 and 2020 highs according to Visual Capital. As of July 31, 2023 the number of bankruptcy filings is at 402.

This is typically not good for the economy. Markets broken down into sectors, are showing higher lows and lower highs in the price action of the ETF’s that represent them (see my buy, hold, sell chart below for paying customers).

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