neo26000
05-21

$S&P 500(.SPX)$  The recent surge in the S&P 500 (+11% YTD), Dow Jones (+6%), Nasdaq (+14%), and Russell 2000 (+4%) appears disconnected from underlying fundamentals. Wolfspeed's near-bankruptcy, burdened by $6.5 billion in debt, is just the tip of the iceberg—many U.S. firms face similar challenges. Corporate bankruptcies surged 40% year-over-year in Q1 2025, while U.S. credit card delinquencies hit a 12-year high. Small business optimism is at a decade low, and commercial real estate defaults continue to rise. There's no clear earnings or macro driver for this rally. This market euphoria may be short-lived as financial stress quietly builds underneath.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment