When Was This Said? “Corporations are borrowing money and selling bonds like never before…the debt load is up a staggering 60% in the past five years…”kjurman
This is from RBI Capital one of the few remaining short biased hedge funds
They note in a recent letter to investors (emphasis theirs):
Another important factor to consider: debt. From the Wall Street Journal: “US corporations and individuals are on a borrowing binge of historic proportions...corporations are borrowing money and selling bonds like never before...the debt load is up a staggering 60% in the . . .
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