Public companies are loading up on debt. Since we wrote about this topic over a year ago, a few metrics have reached, or are surpassing, peaks of 1999-2000. When the readings move to extreme levels, we recommend readers take precautions.
With multiple indicators flashing signs of an economic slowdown amid trade war uncertainty, investors are betting that an interest rate cut is on the horizon.
Long-term debt (LTD) issued by S&P 500 companies has risen 75% since 2010, and the resulting deterioration in leverage ratios has been all too evident.