The rapid spread of the coronavirus this week dealt a blow to investor confidence in the biggest U.S. corporate debt boom on record.
Companies like AT&T have enjoyed a mostly frictionless relationship with their creditors for much of the past decade, in part because global central bank support has left the world awash in negative yielding assets. But this week that relationship has gotten rockier.
Debt is how we are making America great again.
Debt goes right along with our money that is printed out of thin air.
Debt s the American way it goes along so well with our memes that is printed out of thin air.
Is there a url that is missing from the topic's first post?
Let me see if I understand these comments. Are you saying Ratty's massive debt strategy is just fine? Have your drunk Ratty's Kool-Aid? If so, I suggest you just load up on T stock and plan for a lucrative retirement. Good luck to you fools.
Lemme see, AT&T as of last earnings report was paying a dividend, paying down debt, and buying back shares. Meanwhile, the Fed is poised to lower interest rates, so carrying debt will be easier. I don't see anything at present that jeopardizes that.
Now, on the other hand, debt owed by shale oil producers in the face of an oil price collapse ...
Just like In War of the Worlds, done in by the tiniest of organisms.
bubble bursting...? rates @12 years wealth redristribution to corporations+share buy backs= about time.. the bear is coming, lol