This is from RBI Capital one of the few remaining short biased hedge funds Stay tuned for more from RBI soon 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 past five years…corporate debt is 46% of GDP, highest ever…household borrowing stands at a record $6.3 trillion—almost a 50% jump in five years…what matters most is the ability…
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