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Dave Collum, professor / financial commentator at Cornell University (Emeritus), shared his views on concerns regarding the next secular bear market.
In a recent discussion with Edward Dowd and another commentator, Collum reflected on the risks investors may face during prolonged market downturns.
Collum has recently highlighted that S&P 500 companies are carrying about $500 billion in U.S. nonfinancial corporate debt. In a separate analysis, he noted a 30 percent increase in U.S. credit card debt. Collum has questioned the strength of consumer resilience in light of these figures.