Corporate debt crisis imminent? 60% of corporate debt issued by companies in the Russell 2000 is rated as Junk; Since 2009, corporate America has bought back $4 trillion of its own shares and doled out $3 trillion to shareholders in dividends.

via Bloomberg:

“Since March 2009, corporate America has bought back $4 trillion of its own shares and doled out $3 trillion to shareholders in dividends. That’s equivalent to about a third of the total value that U.S. stocks have added over the same period”