David Reavill

US Companies' Big Bet!

Episode Summary

But in very general terms, there is a strategy emerging, that tells us that things are not going well. Through last Friday, US corporations have added $1 trillion in new debt. That's a staggering number. To put this in perspective. Through the end of 2019, total corporate debt stood at just under $7 trillion dollars. This additional debt would bring us to nearly $8 trillion in debt. Or double the amount of debt that corporations held just 9 years ago. A run in borrowing that we've never seen before.