The V bottom in the stock market in 2019 looks similar to previous market collapses in 2001 & 2008

Reuters: Loose money era leaves trail of U.S. corporate debt junkies

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NEW YORK (Reuters) – Many U.S. companies that gorged on cheap debt with forgiving terms over the last decade now find themselves shackled by it, spending much of their earnings paying off lenders rather than investing in their businesses or hiring.

 

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