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 … Read more