Gently reminder about the Corporate Debt to GDP ratio in the US

Corporate debt has doubled from $5tn in 2007 to $9.5tn

In addition, over $3.2tn of its debt is BBB rated (one notch above JUNK status).

55% of BBB should’ve been junk if based only on leverage (Morgan Stanley).

Gently reminder about the Corporate Debt to GDP ratio in the US

Corporate debt has doubled from $5tn in 2007 to $9.5tn

In addition, over $3.2tn of its debt is BBB rated (one notch above JUNK status).

55% of BBB should've been junk if based only on leverage (Morgan Stanley). pic.twitter.com/UIwijw5GDZ

— Sebastian Sienkiewicz (@Amdalleq) December 31, 2019