The situation for retailers is looking worse every single day. It has come to the point where company after company is filing for bankruptcy. They can’t even afford to go bankrupt in many cases. That’s a fact! Many have been unable to pay rent which of course isn’t going to snowball, unless there are many doing the same thing. The data is now showing up that growing numbers of businesses have not paid their rent, sending a warning signal investors should be paying attention to but will ignore as always.
Default Notices Are Piling Up for Retailers Unable to Pay Rent – Bloomberg
US shopping mall vacancies hit two-decade high | Financial Times
https://www.ft.com/content/700164de-30e8-11ea-a329-0bcf87a328f2
SUVs get parked in the sea and reveal scope of auto market glut – BNN Bloomberg
Hertz files for Chapter 11 bankruptcy – Axios
Hertz Global Holdings Takes Action To Strengthen Capital Structure Following Impact Of Global Coronavirus Crisis – May 22, 2020
تويتر \ PlainSite (@PlainSite)
https://twitter.com/PlainSite/status/1264020111028940801/photo/2
Nissan aims to cut over 20,000 jobs worldwide as part of restructuring
Fink Delivers Grim Outlook With Tax Hikes for Corporate America – Bloomberg
COVID-19 impact on the European air traffic network | EUROCONTROL
https://www.eurocontrol.int/covid19
Daily Traffic Variation – States
https://www.eurocontrol.int/Economics/DailyTrafficVariation-States.html
U.S. trucking giant Comcar files for bankruptcy – Truck News
https://www.trucknews.com/transportation/u-s-trucking-giant-comcar-files-for-bankruptcy/1003140722/
Moderna executives offloaded nearly $30 million of stocks a day after unveiling coronavirus vaccine | Daily Mail Online