It is so easy to be wrong—and to persist in being wrong—when the costs of being wrong are paid by others.
— Thomas Sowell (@ThomasSowell) May 20, 2020
Every #Fed purchase of junk bonds is another dagger in the heart of capitalism. https://t.co/7SUmw26aWq
— Jeffrey W. Rrrross, MD, MBA (@VailshireCap) May 19, 2020
Herablife selling $600 million in junk bonds to fund …. share buybacks.https://t.co/gmrQx4mIRy by @PSeligson
— Tracy Alloway (@tracyalloway) May 20, 2020
A look at this cycle’s growth in non-financial corporations’ net leverage shows fairly steady trend of increased borrowing @bloomberg pic.twitter.com/S4857mWns6
— Liz Ann Sonders (@LizAnnSonders) May 19, 2020