There are profitless companies far beyond Silicon Valley. One market expert explains how they’re a lethal factor setting the market up for a meltdown.
|12/14/2019||Posted by BusinessMediaguide.Com under General World News||
- Vincent Deluard, the director of global macro strategy at INTL FCStone, says some of Silicon Valley’s worst traits are popping up in other areas of the marketplace.
- He notes the flood of companies that haven’t been able to turn a profit, even in a highly favorable economic backdrop characterized by loose lending conditions.
- Deluard thinks “all the ingredients” are in place for a meltdown.
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