Pt 2: Looming Credit Default Risk & The Fall of Zombie Companies
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S&P 500 below 3600 Friday, negative for the quarter and month. Corporate credit risk rises alongside interest rates and the bill for zombie companies is due. Overheated valuations are unwinding.
Pt 2: Looming Credit Default Risk & The Fall of Zombie Companies
Pt 2: Looming Credit Default Risk & The Fall…
Pt 2: Looming Credit Default Risk & The Fall of Zombie Companies
S&P 500 below 3600 Friday, negative for the quarter and month. Corporate credit risk rises alongside interest rates and the bill for zombie companies is due. Overheated valuations are unwinding.