Corporate Debt Is One Of The Main Bubbles In This Cycle, Worldwide… Bond Defaults Spell Trouble
I think corporate debt is one of the main bubbles in this cycle, worldwide. Just to support that look at this amazing chart of corporate leverage. https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ibAhOFLu2q_Y/v2/1000x-1.png As John Hussman tweeted “… and remember, the 2009 debt/EBITDA peak reflected weak …