Leverage Increases at Lowest-Graded Companies, Zombie Firms Increase

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Posted: Nov 08, 2017 12:01 AM
Leverage is steadily increasing at the lowest-rated investment-grade companies. Zombie firms are on the rise and so is default risk.

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Zombie firms continue to rise. Perpetual refinancing and low rates create stagnation

 
 
 

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This is the kind of thing that often marks tops. Those clamoring for bitcoin futures, ETFs, and options may wish to consider. Nah. It's different this time.

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About that strong growth: I Expect New Record Low Long Bond Yield