Tuesday 18 December 2018

A $9 trillion corporate debt bomb is 'bubbling' in the US economy

A $9 trillion corporate debt bomb is 'bubbling' in the US economy

At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowing terms and a seemingly endless thirst from investors. On Wall Street, though, hopes are fairly high that it's a manageable problem, at least for the next year or two.
Read more: https://www.cnbc.com/2018/11/21/theres-a-9-trillion-corporate-debt-bomb-bubbling-in-the-us-economy.html?source=Snapzu

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