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Thursday, October 24, 2019

Trouble on the Horizon for America’s Debt-Burdened Companies

There is a massive corporate debt bubble floating around out there, and when it pops, it will likely take a lot of companies down with it. Outstanding corporate debt in the US stands at almost $10 trillion, according to SEC Chairman Jay Clayton. That’s nearly 50% of GDP. In a speech last month Clayton said, […]

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