Bankruptcy risks pose the biggest threat to the stock market rebounding to near record highs, economy famed. – Business Insider

Bankruptcy risks pose the biggest threat to the stock market rebounding to near record highs, economy famed. – Business Insider

Lucy Nicholson / Reuters

• A wave of corporate insolvency has the best chance of pulling stocks off their high prices, Mohamed El-Erian, Allianz’s chief economic adviser, said on Monday.
• Investors have looked at tensions between the United States and China, stretched valuations, delayed stimulus and soaring COVID cases in recent weeks to push stocks higher.
• “You have a very solid technique to…

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