Is this of concern to you?
I was shocked by what seems to be obscene amounts of debt for these companies!
Vinny
In the boom years before the pandemic, the Fed encouraged S&P 500 titans to binge on trillions in debt, now the central bank is propping them up to avoid an economic catastrophe.
https://www.forbes.com/sites/antoinegar ... f3dd3c7a1f
In some ways, it seems, the Fed’s actions are tantamount to trying to cure addiction by increasing the dosage of the very substance the addict is abusing.
Of concern to you?
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- vnatale
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Of concern to you?
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."