More Serious Warnings About The Corporate Debt & Junk Bond Bubble?

• WallStForMainSt
  Low interest rates are encouraging companies to take on a level of debt that risks becoming a $19 trillion time bomb in the event of another global recession, the International Monetary Fund has said. In its half-yearly update on the state of the world’s financial markets, the IMF said that almost 40% of the corporate debt in eight leading countries – the US, China, Japan, Germany, Britain, France, Italy and Spain – would be impossible to service if there was a downturn half as serious as that of a decade ago.
  –
  Global economy faces $19tn corporate debt time bomb, warns IMF:
  https://amp.theguardian.com/business/…
  Bond Ratings Firms Go Easy on Some Heavily Indebted Companies https://www.wsj.com/articles/bond-rat…
  One Bank Finds Major Cracks In The Leveraged Credit Market https://www.zerohedge.com/markets/one…
  Danielle DiMartino Booth Speech from October 2019 Stansberry Conference: https://youtu.be/gh16UlreKfo

end