JUNK Bond Update Collapsing As Expected.
Back on Jan 5th, 2022 I posted that junk bonds were breaking key area.
One month later it's collapsing as expected. This is very bad for Zombie companies
as their borrowing costs rise without pricing power, how will they deal with rising
unit labor costs and raw material inflation?
One month later it's collapsing as expected. This is very bad for Zombie companies
as their borrowing costs rise without pricing power, how will they deal with rising
unit labor costs and raw material inflation?
Real Macro Economic Investing
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