Corporations have had the wind at their backs with low interest rates. This lead to record levels of corporate debt issuance, which has surpassed 45% of GDP. There are now over $4trillion in corp. bonds due over the next 5 years. Companies will be forced to refinance at high rates or sell stock, which could weigh on earnings.
Market Updates
Read the Market Today Through Technical Analysis
Jim Gore breaks down the basics of technical analysis and shows how RSI, market breadth, and money flow indicators signaled the recent market pullback.
